Scientists in Iceland have come up with an ambitious plan to drill into a volcano's magma chamber to source an abundant amount of clean, super-hot geothermal energy. The project, which would be a ...

The Krafla Magma Testbed (KMT) "has the potential to be for geoscientists what the Large Hadron Collider has been for particle physicists." So say researchers working on the project to drill straight ...

The Roman god of fire, Vulcan, was the inspiration behind the blazing mountainous structures we know as volcanoes. Volcanoes are a bit of an oxymoron, as they can destroy life with their blazing hot ...

Equinor is confident it will get its way and be able to pursue its own project to develop the Krafla and Askja discoveries in the Norwegian North Sea, even though partner Aker BP still wants them to ...

Equinor ASA EQNR and partners reached a final investment decision for the development and operation of Krafla, with total investments of more than NOK 200 billion. Equinor and partners submitted 10 ...

The project, which would be a scientific first if successful, would see boreholes drilled about 1.3 miles down through the earth’s crust at a volcano known as Krafla, located in the northeast of ...

Statoil has struck oil and condensate at its Krafla West prospect in the vicinity of the producing Oseberg South find, adding volumes for a future fast-track development of the North Sea satellite ...

It may sound like the beginning of a disaster movie, but Iceland could make scientific history by becoming the first country to drill into a volcano's magma chamber. In 2026, Iceland's Krafla Magma ...

Equinor has consent to drill exploration well 30/11-U-2 in production license PL 035 and 272 in the North Sea from Petroleum Safety Authority Norway (PSA). Equinor has consent to drill exploration ...

Half a century ago, Iceland pioneered itself when it began exploring geothermal power sources, particularly at the Krafla Geothermal Power Plant. It is a turning point in the Iceland energy industry ...