Norwegian offshore workers began a strike on Tuesday that will reduce oil and gas output, the union leading the industrial action told Reuters. The strike, in which workers are demanding wage hikes to compensate for rising inflation, comes amid high oil and gas prices, with supplies of natural gas to Europe especially tight after Russian export cutbacks. “The strike has begun,” Audun Ingvartsen, the leader of the Lederne trade union said in an interview. Operator Equinor (EQNR.OL) has initiated a shutdown of three fields in the North Sea as a result of a strike, the company said on Tuesday. read more The Norwegian Labour Ministry reiterated that it was following the conflict “closely”. It can intervene to stop a strike if there are exceptional circumstances. On Tuesday, oil and gas output will be reduced by 89,000 barrels of oil equivalent per day (boepd), of […]