Norway Defies EU on Arctic Oil | US News

Norway is defiantly moving ahead with Arctic oil and gas drilling in the Barents Sea, challenging the EU’s push to ban Arctic fossil fuels. With Europe’s energy needs reshaped by Russia’s invasion of Ukraine, Norway—now its top gas supplier—is doubling down on production, pledging to keep it steady until 2035. Equinor says global markets will absorb the supply, even if the EU turns away, arguing that cutting off these resources could undermine European energy security. Norway highlights that the Barents Sea is ice-free like the North Sea, reducing spill risks, and supports northern jobs. Despite EU skepticism and critics warning Arctic projects won’t solve immediate energy gaps, Norway insists it has sovereign rights to develop its resources. Even the IEA’s boss suggests the EU rethink its stance, but Norway is also dropping its “green battery” image, saying it can’t single-handedly balance Europe’s grid—and instead urges the continent to build its own stable power future. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/046e3a914fcfe72c