Norway plans big expansion of Arctic oil exploration
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OSLO (Reuters) - Norway is planning a major expansion of oil exploration in the Arctic, despite commitments to tackling global warming and opposition from environmental groups. Minister of petroleum and energy Tina Bru said on Wednesday the expansion was needed to protect jobs and generate wealth.The government will auction up to 136 new oil exploration blocks in a major licensing round, with 125 of those in the Arctic Barents Sea, a relatively unspoiled corner of the planet."We need new..