Norwegian offshore carrier booked big setback in operations

Norwegian offshore carrier DOF's operating profit dropped big-time in the third quarter by one billion Norwegian kroner (EUR 110 million), though the bottom line returned to black after a restructuring was settled in August. But 2017 is expected to be worse than 2016, the company notes.

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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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