norwegian oil

Statoil earnings surge on higher oil, gas prices

Newsvine - business  Wed, 02/08/2012 - 04:09

Norwegian oil company Statoil ASA on Wednesday said its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.


 

Exxon, government settle dispute over Gulf leases

Newsvine - business  Sat, 01/07/2012 - 14:24

Exxon Mobil Corp. and the Norwegian oil producer Statoil have reached an agreement with the federal government that will allow the companies to continue developing a potentially lucrative oil discovery in the Gulf of Mexico.


 

Norway's Statoil sees record profit in Q2

Newsvine - business  Thu, 07/28/2011 - 01:01

Higher oil and gas prices and the sale of a stake in a Brazilian oil field helped Norwegian oil company Statoil ASA post record profits in the second quarter of the year, the company said Thursday.


 

Statoil sells stake in Gassled for $3.2 billion

Newsvine - business  Mon, 06/06/2011 - 02:41

Norwegian oil company Statoil ASA will sell the majority of its stake in gas transportation company Gassled to a holding company for 17.35 billion Norwegian kroner ($3.2 billion).


 

Statoil partners with China in Gulf of Mexico

Newsvine - business  Thu, 11/05/2009 - 03:40

Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore Oil Corporation, a company spokesman said Thursday.