News: December 2008

Amended Rules on Foreign Exchange - 16.12.2008

The Central Bank of Iceland has issued new Rules on Foreign Exchange with the approval of the Minister of Business Affairs. Read more

Preparations for the licensing round for the Dreki Area, Northeast of Iceland, are well on the way - 3.12.2008

In accordance with decisions of the Government of Iceland, the National Energy Authority and the Ministry of Industry are preparing for the first licensing round where exclusive licenses are on offer for the exploration and production of hydrocarbons in the Dreki Area.  Read more