Norway opens new Arctic zones to oil exploration Oslo (AFP) May 18, 2016 - Norway awarded Arctic drilling licences to 13 oil companies on Wednesday, including in a hitherto unexplored part of the Barents Sea, drawing condemnation from environmental groups. It is the first time since 1994 that the country has opened a new sector to the oil industry, and comes as Norway's output has halved since 2000 and as a collapse in crude prices has slashed state revenues. T ... more
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