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Thursday, June 4, 2026

Tag: Statoil

Statoil accused of ‘criminal’ spill

Norwegian environmental organization Bellona has accused state oil company Statoil of environmental crime, after crude oil leaked Thursday from its offshore installation in the...

Statoil hit again by lower oil prices

Norway's state oil company Statoil reported another decline in pre-tax profits on Tuesday, but not as steep as many analysts had predicted. Operating results...

Statoil postpones Åsgard project

Norwegian state oil company Statoil confirmed Thursday that it was postponing its Åsgard project, which involves placing a gas compressor on the seafloor instead of...

New Statoil chairman takes over

Øystein Løseth took over as the new leader of Statoil's board of directors on Wednesday, and he's no stranger to writedowns and cutting staff....

Statoil sees its fortunes slide

Norway's state-controlled oil company Statoil is suffering an abrupt reversal of fortunes, as last year's dive in oil and gas prices cuts into its bottom...

Statoil struck more oil near Oseberg

Norwegian oil company Statoil has announced several new oil discoveries in the Krafla area of the North Sea, not far from the Oseberg South...

Statoil’s ‘uncertainty’ grips the market

The new chief executive of Statoil, Eldar Sætre, welcomed reporters to a press conference on Friday by saying it was "a time with much...

Statoil sees its profits plummet

The recent dive in oil prices has taken a toll on profits at Norway's state-controlled oil company Statoil. Now the company is bracing for more...

Intrigue surrounds Statoil CEO search

The search for a new chief executive for state oil company Statoil took an intriguing turn this week, involving one of the company's internal CEO...

Speculation swirls over new Statoil CEO

The guessing game has begun, with Norwegian media speculating over who will succeed Helge Lund as chief executive of Norway's largest company, Statoil. New bosses...
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