Loading market data...
commodities

Norway's Arctic Oil Pitch Falls Flat in Brussels

OilPrice.com
Read Full Article at OilPrice.com
Share:PostShare
Ad Slot — In-Article (728x90)

The European Commission is expected to keep its current ban on oil and gas drilling in the Arctic despite months-long campaigning from Norway to lift the moratorium, a spokesperson for the EC has told Euronews.

The Commission, the European Union’s legislative arm, is expected to announce a revamped Northern Neighbourhood strategy on October 20. But the new strategy is expected to keep the moratorium on drilling in Arctic waters, according to the spokesperson.

This is a summary. For the full story, read the original article at OilPrice.com.

Original source: OilPrice.com

Ad Slot — Below Article (300x250)