Norway: Oil Minister assures that $40/bbl can’t last for long

Oil prices have decreased to the lowest level since 2009 indicating that the world oil glut will continue. Most of OPEC member countries are sustaining their production, and the U.S stockpiles are...

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Norway explores oil in the North Pole

The ruling Workers’ Party in Norway agrees to conduct a study to open the Arctic region characterized by environmental sensitivity to activities of oil and gas exploration. Exploration in the...

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