The Norwegian government has suffered a major setback in its bid to expand the country’s oil and gas production after the country’s Supreme Court ruled that three permits issued by the government to develop new offshore oil and gas fields are invalid because their environmental impact was not sufficiently assessed. Last year, Greenpeace Nordic and Natur og Ungdom filed a lawsuit with the Oslo District Court, seeking a temporary injunction for the three projects—Equinor ASA’s (NYSE:EQNR) Breidablikk…
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