Freitag, 2. September 2011

Norway's oil finds shield it from economic gloom (AP)

FILE - In this undated file photo, Norwegian oil rig 'Bideford Dolphin' is seen in the Snorre oil field in the North Sea off the coast of Norway. Amid the rough undercurrents of economic and financial uncertainty tugging at Europe, Norway is a rock-solid island of the blessed. Because it is outside the European Union, it does not have to contribute to bailouts of Greece and other foundering eurozone nations. And if all that were not enough, one of Europe's most prosperous nations is about to get richer — two of its previous North Sea oil discoveries are substantially bigger than previously thought. (AP Photo/Scanpix) NORWAY OUTAP - While much of Europe is struggling to pay its way out of the debt crisis, Norway has been awash with cash and is set to get more. Two major oil finds are revitalizing the country's aging energy sector and promise to buoy it through the downturn looming over the global economy.


Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http://news.yahoo.com/s/ap/20110831/ap_on_bi_ge/eu_norway_oil_riches

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