Norway’s ruling parties delay oil sands vote
Oil sands
OSLO (Reuters) – Norway’s center-left government effectively delayed a parliamentary vote on Monday on whether majority state-owned oil and gas producer StatoilHydro should withdraw from a $2 billion Canadian oil sands venture.
The oil sands issue has put the government in a bind four months before a general election, with political opponents saying state support for the oil sands project was hypocritical given the cabinet’s self-professed environmental ambitions.
