Statoil ASA News

Small business optimism rose to a one year-high in May, a hopeful sign for an economy that has hit a soft patch.

Statoil and Tullow Oil are completing a test well that could lead to the first commercial discovery of oil in Mozambique.

Norwegian major Statoil ASA and its partners have completed the appraisal of an important well in the western section of the Johan Sverdrup field in the Norwegian sector of the North Sea.

Royal Dutch Shell Plc failed to buy North Sea Forties crude at a higher differential than a previous bid.

Statoil ASA and Tullow Oil Plc are finishing a well aimed at achieving the first commercial oil discovery in Mozambique, the East African country where explorers have made the century's largest natural gas finds.

Russia's state-owned oil company Rosneft has been awarded a 20-per cent stake in one of Norway's most promising oil fields in the Barents Sea in the Arctic , marking a firm entry for the Russian petroleum giant into Norwegian continental shelf.

Norwegian major Statoil ASA has farmed-in to 80% of PetroFrontier Corp's working interest in the four exploration permits and two exploration permit applications in the Southern Georgina play in Northern Territory, Australia.

Statoil ASA , Norway 's largest oil company, said it sees limited potential for raised estimates in the lower levels of its giant Johan Sverdrup discovery after drilling a dry well.

In the search for investment opportunities in the oil and gas business, I came across Statoil ASA , the Norwegian integrated energy company.

A European Union oil price-fixing investigation has prompted a Shreveport businessman to file a federal lawsuit in Baton Rouge against BP, Royal Dutch Shell and Statoil ASA.

BA rge Brende, BjA rn Tore Godal, Maria Johanna Oudeman and Jakob Stausholm are re-elected as shareholder representatives to the board.

In a meeting in the Corporate Assembly of Statoil ASA 11 June Svein Rennemo was re-elected as chair and Grace Reksten Skaugen as deputy chair of the board of directors.

Samsung Heavy Industries Co Ltd said on Wednesday it had won a 1.46 trillion won order to build two large-scale jack-up rigs for Norway's Statoil ASA.

BP Plc , Statoil ASA and Royal Dutch Shell Plc were named in a lawsuit accusing them of manipulating the price of North Sea Brent crude oil and futures contracts.

We reaffirmed our Neutral recommendation on Statoil ASA on Jun 3, 2013. The company's progress in various projects and intended additions to its resource base in the coming years are evident from the estimated compound annual growth rate of 3% to 4% during 2016-2020.

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When I started the `Retire Young` portfolio on April 18, the goal was to beat the market by a large enough margin to allow the investors to retire at young ages.

Norway's capital Oslo is the most expensive in the world for overseas workers to live, owing to high production and labor costs as well as high taxes on alcohol and cigarettes, according to ECA International.

After a redetermination process in the Ormen Lange Unit in the Norwegian Sea, Statoil's revised ownership share in the unit will be 25.35%.

Russia , Finland and Norway are in talks to create a fund that will help pay for investments in the Arctic Barents region as part of a plan to gain access to billions of barrels of oil and natural gas.