Keyword: Statoil

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Statoil Exploration To Focus On Africa, Norway In 2014

25.11.2013 - Norwegian oil major Statoil expects to keep exploration spending close to this year's record level in 2014, even as some peers rein in investment to save cash for dividends and to...

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Norway Faces Big Oil Investment Drop In 2015 After Peak

18.11.2013 - Investment in Norway's vast oil sector will nearly halt next year, then fall in following years, ending a decade-long investment boom and putting more pressure on a slowing economy...

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Statoil Plans North Sea Pipeline Link

05.07.2013 - Statoil and four partners have agreed to build a $343 million link to connect the Edvard Grieg and Ivar Aasen oilfields with existing pipelines in the North Sea, the company said...

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Outages at Norway's LNG Plant Deter Export Shipments to Asia

14.06.2013 - A lack of reliability in Norway's outage-prone liquefied natural gas export plant is preventing deliveries to Asia this year, one of its owners said, in the latest sign of...

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EU Probes Oil Majors on Price Manipulation

14.05.2013 - European authorities have raided offices of oil majors Shell, BP and Statoil as part of a probe into suspected manipulation of oil prices, one of the biggest cross-border actions...

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At Least Five European Refineries Cut Runs

10.05.2013 - At least five refineries in Northwest Europe and the Mediterranean have been reducing output since the second half of April due to weak margins, particularly for gasoline and...

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BP to Go Ahead With $500 Million Shetlands Investment

28.03.2013 - British oil group BP is pressing ahead with a $500 million-plus investment in the Shetland Islands, a shot in the arm for the government's efforts to revive the North Sea oil...

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Statoil Plans East Africa LNG Plant After Tanzania Gas Find

19.03.2013 - Statoil and Britain's BG Group plan to build a $10 billion East African liquefied natural gas (LNG) terminal well placed for exports to Asia, after the Norwegian company made a new...