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The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.
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The BBC's Europe Editor Katya Adler visits the Artic island to ask what people think of the US president's plans.
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The president also said that it would be a "great honor" if the Venezuelan opposition leader decided to give him the Nobel Peace Prize that she won last year.
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The military said it had completed the first phase of a plan to demilitarize armed groups as fears grew that Israel was preparing a new offensive against Hezbollah.
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