Norway Oil Industry Avoids Strike

Norway's oil companies managed to strike a deal with oil workers' unions in principle, avoiding, for the time being, the risk of a strike that would have affected production at nine fields in the country. "Agreement. No strike. But Lederne and Safe (trade unions) send the results to a referendum (of) their members," said a spokesman for an industry lobby group told Reuters. "They will have to answer (by) June 30." The trade unions want a pay increase above inflation levels, among other demands. Strikes at Norwegian oil fields have been a more…