Posted on November 6, 2014 at 12:34 pm by Bloomberg in
Arctic,
Offshore |
Statoil won’t use the Transocean Spitsbergen and Songa Trym rigs from mid-November through at least the year-end because of overcapacity.
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Posted on November 3, 2014 at 1:57 pm by Joshua Cain in
Arctic,
Europe,
Offshore |
The Norwegian oil conglomerate estimates the field could generate as much as 650,000 barrels of oil per day.
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Posted on October 29, 2014 at 11:15 am by Bloomberg in
Corporate governance,
Crude oil,
Europe |
Statoil ASA, Norway’s biggest energy company, reported its first quarterly loss since listing in 2001 after writing down the value of an oil-sands project in Canada and struggling with plunging crude prices.
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Posted on October 28, 2014 at 5:50 pm by Ryan Holeywell in
Crude oil,
Gulf of Mexico |
The announcement comes at a time when many observers have questioned what sliding oil prices will mean for the future of the oil industry.
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Posted on October 28, 2014 at 5:37 pm by Jennifer A. Dlouhy in
Arctic,
Politics/Policy |
Three oil companies with billions invested in Arctic drilling leases are pleading with the Obama administration for extra time to hunt for crude under waters north of Alaska, but so far, federal regulators have been skeptical.
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Posted on October 15, 2014 at 7:10 am by Bloomberg in
Europe,
featured,
People
BG’s new appointment may end a turbulent three-year period where the company’s stock dropped 35 percent.
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The Norwegian energy company has had a presence in Tanzania since 2007.
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Posted on October 13, 2014 at 6:31 am by Associated Press in
Asia,
Deals,
featured
Norwegian energy company Statoil says it has sold its stake in the Shah Deniz gas project in Azerbaijan to Malaysian company Petronas for $2.25 billion.
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Posted on October 10, 2014 at 7:17 am by Bloomberg in
Biofuels,
Europe
The European Union rekindled a probe into possible rigging of fuel-price benchmarks, raiding ethanol companies in the bloc 17 months after officials inspected three oil producers and industry publisher Platts.
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Statoil, GE and Ferus Natural Gas are expanding use of technology designed to fuel oil field equipment with natural gas that otherwise would be flared off into the atmosphere.
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Posted on July 31, 2014 at 4:38 pm by Robert Grattan in
Africa,
Electricity,
LNG,
Natural gas
The energy minister for Tanzania is in Houston seeking oil and gas investment in the East African nation.
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Posted on July 9, 2014 at 6:30 am by Jennifer Hiller in
Crude oil,
Deals,
Eagle Ford,
General
Talisman Energy and Statoil ASA’s effort to sell their joint venture in the Eagle Ford Shale has ended after offers came in lower than expected, Bloomberg News is reporting. Bloomberg reports.
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