Latest news
Statoil makes first steps into solar sector with Brazilian joint venture
Norway's oil company Statoil decided to make the first steps into the solar sector on Wednesday, associating in a joint venture with Oslo’s renewable energy firm Scatec Solar, targeting the construction of a few large solar plants in Brazil.
read more... 05/10/2017
Statoil, Shell and Total partners in the carbon capture and storage project
The Norwegian continental shelf will unite Statoil, Shell and Total in their endeavour to collaborate on a carbon capture and storage (CCS) project.
read more... 03/10/2017
Norway: Statoil and partners intend to expand production capacity at Troll gas field
Norway's Statoil and partners are trying to raise the production capacity of Troll, the country's biggest gas field, a move considers by traders as a possibility to enable the firms to create more flexibly and cover production shortages at other fields because of outages.
read more... 27/09/2017
Statoil: Sanctions are not an obstacle for the oilfield agreement with Rosneft
Norway’s Statoil declared that the deal with Russia’s Rosneft aiming to develop the onshore North Komsomolskoye oilfield was according to the European Union and U.S. sanctions on Russia over the conflict in Ukraine.
read more... 08/09/2017
Daily (28.07.2017): Brent prices soared to 2-month high on Thursday - $51.49 a barrel
Oil prices continued to rise on Thursday with support from a huge slide in U.S. crude inventories. Kuwait, UAE and Saudi Arabia, fellow members of the OPEC, have also promised export cuts. U.S. fuel exports are on track to hit another record in 2017, making foreign fuel markets increasingly important for the profit margins of U.S. refiners. Also, Europe's major energy firms are turning a corner after a 3-year slump, Royal Dutch Shell, France's Total and Norway's Statoil reported sharp rises in cash flow from second quarter operations. Brent crude jumped by 1% to $51.49 a barrel, while WTI price jumped by 0.8% to close at $48.75 a barrel.
read more... 28/07/2017