Oil and gas companies including Norway’s Equinor and a lobby group backed by Shell, TotalEnergies and ConocoPhillips have backed calls for the EU to drop an effective ban on future drilling in the Arctic.
More than 10 oil and gas companies and industry groups seized on arguments about energy security in response to an EU consultation on its Arctic policy, stressing the need for its continued access to hydrocarbons
“There is no European energy security without Arctic energy,” said Norway’s KonKraft group, reflecting the views of organisations including Offshore Norge and the Federation of Norwegian Industries.
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