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Statoil ASA News

News on Statoil ASA (Ticker: STO) continually updated from thousands of sources around the net.

Tuesday Apr 15 | AmericanBankingNews.com

Statoil ASA

The firm set a "market perform" rating on the stock. Several other analysts have also recently commented on the stock.

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Related Topix: Oil & Gas

Sat Apr 12, 2014

The Motley Fool

Recent Discovery Should Help Statoil ASA Increase Cash Flow and Dividend

The company proved this again on March 27 by discovering oil in the Norwegian North Sea.

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Related Topix: Oil & Gas

Fri Apr 11, 2014

Bloomberg

Shell Delays Project to Boost Ormen Lange Gas Output on Costs

Royal Dutch Shell Plc , Europe's biggest oil company, postponed a project designed to recover more natural gas from its Ormen Lange field offshore Norway, citing higher costs and doubts on reserves.

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Related Topix: Oil & Gas

Thu Apr 10, 2014

GuruFocus.com

Another Pick by Peter Lynch

Oil prices have entered a faithful declining trend in April 2011. Until then, crude oil prices were closer to $130 per barrel of oil equivalent; today, the value has slipped below $110.

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Related Topix: Oil & Gas, Energy, Canadian Natural Resources, Canada,

The Washington Post

Polar Politics Threaten Norway's Deepest Drive in Arctic: Energy

The Arctic ice cap floats above vast deposits of oil and gas while sustaining along its perimeter one of the most biologically productive ecosystems on earth, supporting polar bears, walruses, commercially important fisheries and huge populations of migratory birds.

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Related Topix: Oil & Gas, Business News

Wed Apr 09, 2014

GuruFocus.com

Is Norway a Good Destiny for Your Investment?

The faith of some countries and particular governments is tied to that of resource availability.

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Related Topix: Oil & Gas

Seeking Alpha

Monitoring The Cheap Oil Services Company, Geospace Technologies

Geospace Technologies is an oil services company that designs and manufactures equipment used to explore and monitor oil and gas reservoirs, including underwater sensors and wireless seismic data acquisition systems.

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Related Topix: Oil & Gas

Tue Apr 08, 2014

The Washington Post

Statoil Uses New Oil-Sands Technology to Combat Rising Emissions

Statoil ASA expects to decrease carbon-dioxide emissions per barrel from its Canadian oil-sands projects by 20 percent within six years, responding to environmental criticism of the crude production method.

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Related Topix: Oil & Gas, Science / Technology

Mon Apr 07, 2014

The Washington Post

Flaring Wastes Badlands Gas as North Dakota Lacks Pipelines

Towering flames atop oil wells break the inky darkness in the badlands on North Dakota's Fort Berthold Indian Reservation.

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Related Topix: Berthold, ND, Oil & Gas, Whiting Petroleum, Energy, Jack Dalrymple, US Governors, Science / Technology

Reuters

Fracking with CO2 to replace water a distant goal, GE says

Carbon dioxide, used for years to force crude oil out of old wells, likely will not replace water in fracking anytime soon because of technical challenges and limited infrastructure, says General Electric Co , which is studying the issue under a $10 billion research program.

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Related Topix: Oil & Gas

AmericanBankingNews.com

Statoil ASA

Shares of Statoil AS opened at 28.11 on Monday. Statoil AS has a 52-week low of $20.02 and a 52-week high of $28.58.

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Related Topix: Oil & Gas

Thu Apr 03, 2014

Seeking Alpha

Statoil farms down Angola pre-salt block to Genel

Statoil agrees to farm down a 15% interest in pre-salt block 39 offshore Angola to a joint venture involving Genel Energy , the oil company headed by former BP chief executive Tony Hayward, for ~$222M.

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Related Topix: Oil & Gas

Bloomberg

Statoil Hesitation on Snorre Recovery Project Criticised by NPD

Statoil ASA should push ahead with plans to boost output from its Snorre field in the North Sea and not let higher taxes and rising costs derail a drive to improve recovery rates, the Norwegian Petroleum Directorate said.

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Related Topix: Oil & Gas, Norway, World News,

Mon Mar 31, 2014

The Motley Fool

Statoil ASA Makes 2 Moves That Could Benefit Investors

Statoil has successfully diversified its operations internationally, and the company now derives more than a third of its total production from areas outside of Norway.

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Related Topix: Oil & Gas, Brazil, World News

Sun Mar 30, 2014

Seeking Alpha

ConocoPhillips: Higher Cash Flow Supports A Growing Dividend

ConocoPhillips has a different business profile than most major oil companies, as the company focuses on upstream activities and has a lower political risk exposure.

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Related Topix: ConocoPhillips, Energy, Oil & Gas, Chevron Corporation

Fri Mar 28, 2014

AmericanBankingNews.com

Statoil ASA

Shares of Statoil AS traded down 1.16% during mid-day trading on Friday, hitting $28.18.

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Related Topix: Oil & Gas

Wed Mar 26, 2014

Wall Street Journal

Myanmar Awards Statoil Oil Exploration Rights

Myanmar has awarded Norwegian oil company Statoil ASA and U.S. partner ConocoPhilips a license to search for offshore oil and gas, a further step by the once-secretive country to open up to international business.

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Related Topix: Oil & Gas

Seeking Alpha

Statoil: A Cheap 4.1% Yielder

Statoil is a major oil company offering good growth prospects over the next few years due to its successful exploration history.

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Related Topix: Oil & Gas

Tue Mar 25, 2014

Wall St. Cheat Sheet

Which Companies Benefit From Sanctions Against Russia?

I recently wrote an article in which I highlighted some of the negative impacts that sanctions against Russia would have on some American investments.

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Related Topix: Total Sa, Oil & Gas, BP plc

Mon Mar 24, 2014

Business Journal

Statoil increasing Houston visibility, growing in North America

Statoil will more than double its North American headquarters at CityWestPlace in Houston's Westchase District, where it plans to boldly put up its pink star logo on Building 2. It will take over the building in January 2015 from Houston-based Halliburton Co.

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Related Topix: Oil & Gas, Energy, Halliburton

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