Independent Media

Why Norway Won’t Give Up On Oil & Gas

OilPrice -

Norway doesn’t have any second thoughts about oil exploration and investment in light of the International Energy Agency’s (IEA) report suggesting that no new fossil fuel exploration would be needed for a net-zero world.  Western Europe’s biggest oil and gas producer is doubling down on oil development and continues to consider oil exploration and production a critical part of its economy and income for the state.  Norway, the country with the highest electric vehicle (EVs) share of new car sales anywhere in the world,…

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