Norway faces oil output shutdown as pension talks fail

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Norway faces oil output shutdown as pension talks fail

BBC – Oil and gas production in Norway will be shut down from Tuesday because of a dispute over pensions, a government minister has confirmed. Energy companies announced they would lock out workers from late on Monday after talks to try to end the fortnight-old strike broke down for a third time. The industry had hoped the move would force the government to use its emergency powers to end the strikes. Oil prices rose on the news. Read article

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