• <a fr-original-style="" href="https://www.reuters.com/business/energy/norwegian-oil-gas-workers-start-strike-cutting-output-2022-07-04/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Norway's oil and gas output</a> to be cut, with Norway’s state-backed energy company Equinor initiating a shutdown of three fields in the North Sea as offshore workers demanding wage hikes to compensate for rising inflation begin a strike amid 4-month high oil and gas prices. Union members rejected a pay rise offer of 4% to 4.5%.<img src="https://images.aposto.com/2022/6/2/1657039521594.jpeg" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.41" width="550" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via Financial Times<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">The quote: The strike will have "a substantial impact on gas exports," costing Norway about a 13% loss in daily gas exports. And with the strikes gradually escalating during the week, gas exports could be cut by 56% by Saturday, the <a fr-original-style="" href="https://www.euronews.com/2022/07/05/norways-oil-and-gas-output-to-be-cut-as-offshore-workers-begin-strike" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Norwegian Oil and Gas Association said</a>.</li></ul>

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