-
Kyiv's defences, 'hybrid' threat from Moscow headline EU talks
-
El Nino hammering Peru anchovy fishing: industry officials
-
Oil extends gains, stocks mostly down as Trump issues fresh Iran warning
-
Mass Russian barrage kills 12 in Kyiv
-
ThinkMarkets Expands Weekend Trading Offering, Launches Weekend League Competition
-
PineX Capital Launches MetaTrader 5 as Prop Firm Expands Trading Platform Offering
-
Tibet activists accuse China of downplaying floods
-
Women survivors face sanitation woes in Nepal relief camp
-
Afghanistan war victims left 'without justice', UN says
-
Oil extends gains, stocks mixed as Trump issues fresh Iran warning
-
Iran president offers US olive branch before Putin meeting
-
Thai resort readies for US carrier's 5,000 sailors
-
China-Nepal flood toll tops 1,000 as tunnel rescue offers last hope
-
AI startup Manus says resumes independent operations
-
Japan to relax overtime regulation under workaholic PM
-
'Massive' Russian missile, drone attack on Kyiv kills 8
-
Thwarted Niger mutiny exposes junta's Russia dependence
-
Defence tech hub Munich booms as Europe rearms
-
Illegal mining ravages S.Africa's economic hub
-
Nigeria rethinks criminalisation of suicide
-
Nepal's wall of missing offers last hope after Himalayan flood
-
Osaka channels NBA icon Iverson to reach US Open second round
-
US to press G20 on light-touch AI regulation
-
Fast-fashion giant Shein plunges 10% on Hong Kong debut
-
2 die in Grand Canyon flash flood, only 1 person unaccounted for
-
South Korea hire former Spain boss Moreno as interim coach
-
US Army Secretary Driscoll submits resignation: White House
-
China-Taiwan friction clouds Pacific summit
-
Oil extends gains, stocks drop as Trump issues fresh Iran warning
-
Two dead after stabbing in New York's Times Square
-
Tsitsipas says Kyrgios's positive cocaine test 'kind of expected'
-
Anthropic signs $35B computing deal with startup backed by Nvidia
-
In Japan's mountains, a different way to manage bears
-
Drones in Ithaca: Azov's Odyssey turns Ukraine war into modern myth
-
Middle East war a boon for UAE defence giant with global ambitions
-
Boat builders keep Pakistan's fishing heritage afloat
-
Former gang member found guilty of murdering Tupac Shakur
-
Australia axe Labuschagne for Zimbabwe, South Africa ODI series
-
CRI Merges In Morrison & Smith, Expanding Alabama Footprint
-
Eagle Plains' Partner Xcite Uranium Commences Drill Program at the Lorado Uranium Project, Saskatchewan
-
Connecting Excellence Group PLC Announces Treasury up By 10 BTC to 72.941 & £655,999 Raised
-
Connecting Excellence Group PLC Announces First Acquisition Heads of Terms & Trading Update
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - September 01
-
Top-seeded Zverev opens US Open campaign
-
Heavy rain at Grand Canyon after flood kills 2, dozen missing
-
US regulator, 22 states accuse Amazon of 'manipulating' ad auctions: lawsuit
-
Kushner blames soccer power struggle for World Cup plan collapse
-
TRON Founder Justin Sun Shares Outlook on Bitcoin, Stablecoins and Global Finance at Bitcoin Asia 2026
-
Buoyant Alcaraz shakes off nerves to advance at US Open
-
Tributes to 'eternal' Messi on Argentina retirement
Norway government intervenes, ending oil and gas strike
Norway's government said Tuesday it was referring a dispute between oil and gas workers and employers to an independent board, after an industry group warned strikes could cut Norway's gas exports by more than half.
The move, which effectively ends the stoppage, comes after workers walked out of their jobs on Tuesday, leading to the closure of three fields and the union announced more workers would strike later in the week.
"The announced escalation is critical in today's situation, both with regards to the energy crisis and the geopolitical situation we are in with a war in Europe," Labour Minister Marte Mjos Persen said in a statement.
Under Norwegian legislation, the government can force parties in a labour dispute to a wage board which will decide on the matter.
Earlier on Tuesday, industry group the Norwegian Oil and Gas Association, warned that with the announced escalation of the strike announced for Saturday would slash output.
It said 56 percent of total gas exports from the Norwegian continental shelf (NCS) would be cut, together with a production loss of 341,000 barrels of oil a day.
- 'A very tight market' -
"It is unjustifiable to allow gas production to stop to such an extent that this strike in the next few days is estimated to lead to," Persen said.
Earlier Tuesday Norwegian energy giant Equinor said it had shut down production at three oil and gas fields after oil workers walked out following failed wage negotiations, and warned that more closures were expected.
The strike came at a time when energy prices have fluctuated as a result of the impact of Russia's invasion of Ukraine and associated sanctions.
"Norwegian deliveries account for a quarter of European energy supplies, and Europe is entirely dependent on Norway delivering as a nation at a time when Russian supply cuts have created a very tight market for natural gas," the Norwegian Oil and Gas Association.
"A strike on this scale poses huge problems for countries which are wholly dependent on filling up their gas stores ahead of the autumn and winter," it added.
Workers walked out after members of the Lederne union voted no to a proposal brought by mediators during wage negotiations.
According to the government, the parties had said "that they will end the strike so that everyone can return to work as soon as possible".
N.Mitchell--AT