US authorities fine Statoil for manipulation

According to US authorities, Statoil attempted, over a period of time, to manipulate a propane index in efforts to avoid losses. The Norwegian oil company has been penalized with a fine.

Photo: Harald Pettersen/Statoil

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EU summit wants updated climate strategy

At a European Union summit this week, national leaders decided that the EU Commission should present a proposal for reducing CO2 emissions by the beginning of next year.

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