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Monday, June 15, 2026

Tag: Statoil

Statoil finally sells out of oil sands

Norwegian oil company Statoil finally did what climate activists, environmentalists and several top Norwegian politicians have been urging for years: Sell off the last...

Statoil hailed for its climate strategy

Norwegian oil company Statoil has topped a list of international oil companies for having the best strategy for becoming much more climate-friendly. Statoil's CEO Eldar...

Statoil eyes new cuts in North Sea

Norwegian oil company Statoil will have slashed its costs by around NOK 2.5 billion a year when it wraps up its so-called STEP efficiency program at the...

Statoil’s loss sends its shares tumbling

Norway's largest company, state-controlled oil firm Statoil, released results Wednesday morning that were "much, much worse than expected," sending chills throughout the market and the country's...

Lund launches new ventures

UPDATED: Statoil's former chief executive, Helge Lund, has found something else to do after his new job at BG Group evaporated when the company...

Statoil cuts oil production in Alberta as fire rages

Norwegian oil company Statoil has cut oil production at its controversial oil sands project in Alberta, Canada because of the massive forest fire raging in...

Helicopter wreckage sent for inspection

The tangled wreckage of an Airbus Super Puma helicopter that crashed near Bergen a week ago, killing all 11 offshore oil workers on board...

Statoil postpones helicopter cuts

Top executives at Norwegian oil company Statoil have responded to workers' concerns and even fears over their helicopter transport to North Sea oil and...

Statoil boosts stake in Lundin, sells off in US

Norway's state oil company Statoil announced on Tuesday that it was boosting its stake in Lundin Petroleum to 20.1 percent through a series of...

Norway copes with a national tragedy

As grim work continued in the aftermath of Friday's helicopter crash near Bergen, Norwegian police could release the identities on Monday of eight of its victims....
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