Norway’s oil-industry regulator on Thursday raised fresh concerns about safety standards slipping in the North Sea during the competition to cut costs forced by a two-year oil-price slump. While Norway accounts for just over 2% of global crude-oil production, the country has some of the strictest safety regulations in the world, and its warnings carry weight in the industry. The world’s biggest oil companies operate there, including...

Source: Wall Street Journal April 27, 2017 15:33 UTC