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Statoil boss scoffs at debate over oil

While things keep looking up  for Norway's booming offshore oil and gas industry, debate is also rising over what that means for mainland industry...

Latest oil find boosts stocks

Norwegian oil company Det norske oljeselskap was among those seeing even more investor interest on Monday, after state oil company Statoil confirmed the discovery...

Sverdrup’s name ‘taken in vain’

Johan Sverdrup, often viewed as the "father" of Norway's parliamentary system and even its democracy, has now had an oil field named for him,...

A look back at a dramatic year

From the elation of the skiing world championships last winter to the tragedy of the terrorist attacks in the summer, 2011 was a year...

Statoil in huge gas field deals

Norwegian oil company Statoil announced Monday that it was selling off five North Sea gas fields and greatly reducing its takes in three more,...

Active exploration doesn’t deter Moe

New figures from Norway's state oil directorate indicate that 2011 is shaping up as a top year for both oil exploration and discovery. That's...

‘Gigantic’ discovery extends oil era

Norwegian state oil company Statoil has confirmed the discovery of even more oil tied to its Aldous Major South project in the North Sea....

Oil discovery just keeps growing

The size of the oil discovery made at the Avaldsnes field in the North Sea earlier this year has grown once again and now...

Analysts predict new oil ‘bonanza’

News of a major oil discovery and a huge drilling rig deal this week has fueled expectations that Norway's oil and offshore industries are...

Statoil finds more oil in North Sea

Norwegian state-controlled oil company Statoil announced Tuesday that its latest discovery in the North Sea can be even bigger than officials thought when it...

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