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Norway’s oil firms hike 2022 investment plans

Despite investing in clean energy, Norway also argues it should continue producing fossil fuels as long as there is global demand.

By Nerijus Adomaitis, Reuters February 17, 2022

OSLO — Norway’s oil and gas firms plan to invest almost $18 billion this year, more than originally expected, as they take advantage of pandemic-era tax incentives, a national statistics office (SSB) survey showed on Thursday.

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