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Norway Lobbies to Persuade EU to Drop Arctic Drilling Ban

Summary by Oil Price
Norway, Western Europe's top oil and gas producer, has intensified lobbying at the European Union to persuade the bloc to remove or tweak its moratorium on Arctic oil and gas drilling. Norway, which is not a member of the EU but is the biggest gas supplier to European markets, has sent nearly a dozen of its ministers to Brussels so far this year to discuss energy and trade and the state of the Arctic drilling. The Iran war and the biggest oil an…

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An EU moratorium prohibits new oil and gas drilling in the Arctic. Norway wants to loosen the rules. Critics warn of massive climate impacts and irreversible environmental damage.

·Düsseldorf, Germany
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Norway is pressing the European Union to lift the moratorium on new oil and gas drilling in the Arctic, where nearly two thirds of its oil resources are located.Norwegian politicians, officials and environmental and industrial lobbyists are increasingly visiting Brussels to influence EU institutions, while the bloc is preparing to present a new Arctic policy by the end of September.Norway, which never joined the EU, is the largest oil and gas ex…

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Financial Post broke the news in Canada on Friday, May 29, 2026.
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