Norwegian Prime Minister Jens Stoltenberg, up for re-election in September, proposes a tax increase on oil companies and multinationals, a move the industry warns could undermine Norway’s reputation as a stable environment for oil company investments. Statoil (STO) complains the plan would reduce the attractiveness of future projects, particularly marginal fields. STO -1.8% premarket.
Norwegian Prime Minister Jens Stoltenberg, up for re-election in September, proposes a tax...
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