Friday, January 24, 2020

Hydro chief warns of conflict of interest

The powerful President of the Norwegian oil giant Norsk Hydro Eivind Reiten warns against conflict of interest dilemmas related to oil companies becoming involved in Norwegian aid in the petroleum sector.

Although positive to such an initiative, Reiten says one could imagine situations where local authorities did not dare to give Statoil and Hydro what they deserve due to fear of criticism.

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