Norway Is Going Full Steam Ahead On Its Oil Ventures ...Middle East

Despite announcements last year that it is striving for net-zero carbon emissions by 2050, Norway has now said it will go full steam ahead in its oil ventures over the coming decades.  While neighboring Denmark plans to end all North Sea operations by 2050, Norway, Western Europe’s largest oil producer, continues to offer exploration and production contracts to several companies, as it intends to develop its already well-established oil industry further. In a white paper, Minister of Petroleum and Energy, Tina Bru, stated that “The…

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