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Norwegian oil giant cuts green investment in half

Source: BBC

Simon JackBBC Business editorGetty ImagesChief executive Anders Opedal said the transition to lower carbon energy was moving slower than expectedNorwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas production.Chief executive Anders Opedal said that the transition to lower carbon energy was moving slower than expected, costs had increased,…

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