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Friday, June 5, 2026

Tag: Statoil

Politicking delayed Mongstad retreat

Oil & Energy Minister Ola Borten Moe of the Center Party reportedly decided as early as last spring that the government needed to cut...

‘Moon landing’ crashes for Jens

Outgoing Prime Minister Jens Stoltenberg logged one of the biggest failures of his political career on Friday when his government had to announce that...

Statoil ‘must’ improve security

Norwegian oil company Statoil "couldn't have prevented" the deadly attack by Islamic terrorists on its gas facility in Algeria earlier this year, claims a...

Statoil sell-off to be reinvested off Norway

Gains on the sale of some Statoil assets in the North Sea will be reinvested in other major Statoil projects on the Norwegian continental...

Norway and Russia look for more oil together

Statoil of Norway and Rosneft of Russia signed a deal on Friday to establish several joint ventures that will launch oil exploration activities in...

New oil licenses fuel Barents battle

Oil & Energy Minister Ola Borten Moe splashed more oil on the simmering battle over the Barents Sea this week when he announced the...

Statoil keeps drilling in the Barents

Norwegian oil company Statoil isn't letting the threat of higher offshore taxes interfere with its exploration program in the Barents Sea. Even though it...

Arctic community still banks on oil

On a wide-open, windswept expanse of surprisingly lush Arctic seafront, the mayor of one of Norway's most northerly communities eagerly points to what she sees...

Oil industry frets over tax, prices

Norway's long-booming oil and gas industry suddenly seems to be facing new challenges on several fronts. A proposed tax hike for oil companies has...

Executive pay ‘low’ in Norway

Statoil Chief Executive Helge Lund is among top business leaders in Norway who regularly catch criticism over their compensation packages. Multi-million-kroner salaries aren't popular...
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