What Norway’s Elections Mean For Its Oil And Gas Industry

Norway is voting today in parliamentary elections whose outcome will likely set the pace for the decarbonization of the country's oil and gas industry. Reuters reports that the most likely winner is the Labour Party, although it may need to form a coalition with at least two more parties to achieve a parliamentary majority. "I believe that calling time on our oil and gas industry is the wrong industrial policy and the wrong climate policy," said the most likely next prime minister of Europe's largest oil and gas producer, Jonas Gahr Støre.…