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Statoil ASA News

News on Statoil ASA continually updated from thousands of sources around the net.

Wednesday Nov 25 | Cleantech.com - Accelerating the next...

S. Africaa s Sasol eyes potential of CO2 tech project in Norway

New center at Mongstad expects to test clean technologies suitable for large scale carbon capture facilities in 2011.

Comment?

Related Topix: Oil & Gas

Mon Nov 23, 2009

The Motley Fool

Chavez Wants to Redo the 'Rithmetic

David Gardner called it. He's up 1,334%! See what David's recommending that you buy NEXT.

Comment?

Related Topix: Hugo Chavez, Energy, Oil & Gas, Chevron Corporation

Sat Nov 21, 2009

Bloomberg

Total Says First Natural-Gas Production From Shtokman Due at End of 2015

Total SA said the first output from OAO Gazproma s Shtokman natural-gas project in the Arctic is targeted for the end of 2015, provided a final investment decision is taken by the end of next year.

Comment?

Related Topix: Total Sa, Oil & Gas

Fri Nov 20, 2009

UPI

Iran bribery charges on Statoil dismissed

Charges against Norwegian energy giant Statoil related to bribing Iranian officials for access to the South Pars gas field were dismissed, U.S. officials said.

Comment?

Related Topix: Oil & Gas

Bloomberg

Statoil's Arctic Snohvit LNG Plant Restart Hampered by Electrical Fault

Statoil ASA , Norwaya s largest energy company, said ita s unclear when it can restart its Arctic Snohvit liquefied natural gas plant after an electrical fault.

Comment?

Related Topix: Oil & Gas

Thu Nov 19, 2009

Market Wire

CORR*: Statoil: Horton case closed

Statoil today announced that the Deferred Prosecution Agreement the company entered into as a part of the settlement of the Horton case, has expired as scheduled.

Comment?

Related Topix: Oil & Gas, Securities and Exchange Commission, Corporate / Securities Law, Law, Financial Services, US News

Bloomberg.com - Asia

Azeris May Send Natural Gas to Asia as EU Caspian Pipeline Plans Languish

Azerbaijan, Europea s closest energy ally in the Caspian basin, is threatening to sell its gas to Asian markets, pressuring the European Union to complete pipeline accords to boost its own deliveries from the region.

Comment?

Related Topix: Oil & Gas, World News, Turkmenistan, Asia

Wed Nov 18, 2009

Bangor Daily News

Offshore developers visit Brewer

When planning to build a large-scale floating wind farm in the Gulf of Maine, it's good to draw on experience.

Comment?

Related Topix: Susan Collins, US Politics, Maine, US News, US Senate, Republican, Maine Government, Brewer, ME, Oil & Gas, Norway, ME

Tue Nov 17, 2009

Reuters

Climate pact delay risks oil, gas investment: Statoil

Oil and gas investments may be impeded by delays to a global climate treaty, complete with clear guidelines for carbon emissions, Norwegian major Statoil said on Tuesday.

Comment?

Related Topix: Oil & Gas

Mon Nov 16, 2009

GlobeNewswire

Transocean Ltd. Announces Ultra-Deepwater Drillship Discoverer...

Transocean Ltd. announced today that the newbuild ultra-deepwater drillship Discoverer Americas has commenced operations in the U.S. Gulf of Mexico for Statoil Gulf of Mexico, a subsidiary of Statoil ASA, under a four-year drilling contract.

Comment?

Related Topix: Transocean, Oil & Gas

Thu Nov 12, 2009

Investopedia

Emerging Carbon Capture Plays

Although the energy industry is starting to ramp up carbon-capture and storage projects as a possible solution to solving the environmental problems the world is facing regarding climate change, government action is needed to accelerate this build out.

Comment?

Related Topix: Energy, Oil & Gas, Total Sa, American Electric Power

Wed Nov 11, 2009

Gulf Times

IEA sees acute global gas glut as alternative output rises

The oversupply of natural gas is likely to continue in the short to medium term, says IEA executive director Nobuo Tanaka There may be an "acute glut" of natural gas in the next few years because of rising production of so-called unconventional fuel in the US and Canada, according to the International Energy Agency.

Comment?

Related Topix: Chesapeake Energy, Energy, Oil & Gas

Mon Nov 09, 2009

Bloomberg

Statoil Resumed Production at Snohvit LNG Plant After Three-Month Closure

Statoil ASA , Norwaya s largest oil and gas producer, said production at its Arctic Snohvit liquefied natural gas plant restarted today after a maintenance shutdown.

Comment?

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

Sun Nov 08, 2009

BBC

All change as gas reserves soar

New technologies make it cheaper and easier to extract gas from shale rock. With coal being too dirty and wind farms and nuclear power plants arriving late, it seems the world is left with a stark choice: keep on polluting or turn out the lights.

Comment?

Related Topix: Oil & Gas, Colorado School of Mines, Denver Metro

Fri Nov 06, 2009

The Motley Fool

5 Dynamic Dividend Stocks

The New York Yankees of the '50s and the Chicago Bulls and Dallas Cowboys of the '90s have one crucial element in common: consistent excellence in their organizations and performance.

Comment?

Related Topix: Financial Markets, Oil & Gas, Posco, Steel, Manufacturing, Industrial Machines, Lincoln Electric Holdings

Zacks Analyst Blog

Statoil Slips, but Volumes up

Statoil ASA reported its third quarter results of 38 cents per share, compared to the Zacks Consensus Estimate of 40 cents and in line with the year-earlier quarter earnings.

Comment?

Related Topix: Oil & Gas

Thu Nov 05, 2009

WXMI

Norwegian oil company Statoil sells shares in US Gulf of Mexico holdings to China's CNOOC

Norwegian oil company Statoil ASA agreed last month to sell part of its interests in the U.S. Gulf of Mexico to the China National Offshore Oil Corporation, a company spokesman said Thursday.

Comment?

Related Topix: Oil & Gas

Gulf Times

Total, Statoil Q3 profits plunge on cheaper oil

's Total and Norwegian rival Statoil have added to the downbeat tone from the oil industry, promising to tackle a tough environment with cost cuts as they announced big drops in third-quarter profit.

Comment?

Related Topix: Oil & Gas, Science / Technology, CPU

Wed Nov 04, 2009

The Motley Fool

Marathon Runs Into a Slow Quarter

Marathon Oil on Tuesday became the latest large U.S. oil company to report sour results for the third quarter of 2009 when compared to a year earlier.

Comment?

Related Topix: Energy, Oil & Gas, Marathon Oil Coporation, XTO Energy, Chesapeake Energy

Bloomberg

Statoil Chief Executive Lund Says Costs Will Gain on Challenging Resources

Statoil ASA , the worlda s largest offshore oil and gas operator, expects production costs to rise as it expands in unconventional petroleum resources and areas such as the Russian Arctic and Canada.

Comment?

Related Topix: Oil & Gas

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