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norway

Norway to set new limit for Arctic oil drilling

Norway may restrict oil firms’ access to offshore resources in the Arctic by moving the so-called ice edge, a line that sets a legal limit on the extent to which companies can go north in search of oil. The ice edge is a legally drawn…

Norway no longer in love with oil

The biggest oil producer in Europe is no longer “in love” with black gold. This comment by Bloomberg comes at the aftermath of the Workers Party of Norway removing its support for offshore drilling in the Lofoten islands inside the Arctic…

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