News: September 2008

Press release from the Ministry of Industry, Energy and Tourism and National Energy Authority after the IEC 2008 - 9.9.2008

Minister of Industry on possible oil in Dreki area: "Icelanders are utilising their right with the nation's future interests as a guide". Strong indications for some time of oil in the Dreki area, progress by leaps and bounds in oil exploration technology, a high oil price and possible economic gain are several of the main reasons that Iceland is now preparing a tender offer at the start of next year for exclusive licences for oil exploration in the Dreki area (NE of Iceland, south of the island of Jan Mayen). Read more

The Coming Electric Vehicle Revolution - Driving Sustainability Conference 2008 - 9.9.2008

The President of Iceland, Mr. Olafur Ragnar Grimsson, will inaugurate Driving Sustainability '08, an exclusive international platform for sustainable energy solutions for transport, at Hilton Reykjavik Nordica, Iceland, on September 18 & 19, 2008.

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