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  1. April 29, 2014

    Statoil boosted by US gas supply division

    A jump in demand and a recovery in prices at Statoil’s gas supply business in North America, in response to plunging winter...

  2. February 7, 2014

    Statoil pledges to curb spending plans

    Statoil became the latest of the western majors to promise greater capital discipline as it slashed its spending plans over...

  1. December 1, 2013

    Leadership amid a terrorist crisis

    On January 16 this year, terrorists attacked a gas plant at In Amenas in Algeria. During the four days of the hostage...

  2. October 30, 2013

    Statoil chief casts doubt on Arctic oil production potential

    Statoil’s chief executive played up the Norwegian oil company’s positions in what he called “the workable Arctic”, in Norway...

  3. May 2, 2013

    Statoil hit by low production and weak gas prices

    Statoil’s net income dropped by nearly a third in the first quarter as the Norwegian oil and gas group suffered from lower...

  4. February 7, 2013

    Statoil to boost spending by $1bn

    Statoil is to boost capital spending as the Norwegian oil major seeks to lift production 25 per cent by the end of the...

  5. January 23, 2013

    ConocoPhillips pushes to open up Arctic

    ConocoPhillips, the US oil and gas group, has urged Norway to open up more of its Arctic waters for development just months...

  6. January 19, 2013

    Algeria hostage death toll put at 23

    As many as 23 hostages and 32 terrorists died in the four-day siege at Algeria’s remote In Amenas natural gas facility,...

  7. January 17, 2013

    Algeria in bloody raid to free hostages

    Algerian security forces armed with attack helicopters and rockets on Thursday stormed the remote natural gas facility where...

  8. October 26, 2012

    Statoil downgrades output forecast

    Statoil downgraded its production forecast for next year as it said it would cut output of shale gas in the US after selling...

  9. August 27, 2012

    Statoil finds new large North Sea field

    Statoil has upped its production aspirations in Norway after confirming the discovery of a new large field in the North Sea....

  10. July 29, 2012

    Norway’s force in the oil world

    Helge Lund is almost the antithesis of the classic oil man. In a world of cigar-chomping wildcatters, roughnecks and...

  11. July 26, 2012

    Statoil raises oil output target

    A happy conclusion to drilling at its King Lear exploration well in the North Sea has helped Statoil of Norway maintain...

  12. beyondbrics

    May 8, 2012

    Rosneft and Statoil: back-scratching and hostage-taking

    Statoil has been warning about the risks of exploring in little known frozen seas after becoming the third western oil...

  13. February 8, 2012

    Statoil to switch focus to ‘liquid-rich shales’

    Norway’s largest oil and gas company by production Statoil said it would invest less in its North American shale gas...

  14. January 9, 2012

    Statoil makes another Barents Sea find

    Statoil, the Norwegian state-controlled energy group, has made its second significant oil discovery in the Arctic waters of...

  15. November 21, 2011

    Centrica in £13bn supply deal with Statoil

    Centrica, the owner of British Gas, has stepped up plans to increase its production by agreeing to buy a string of gas...

  16. October 27, 2011

    Statoil income jumps, but below expectations

    Statoil, the Norwegian state-controlled energy group, undershot analyst forecasts for third-quarter net earnings as...

  17. October 17, 2011

    Statoil buys Brigham Exploration for $4.4bn

    Statoil, the Norwegian energy group, has stepped up its acquisition of unconventional oil and gas assets in the US by...

  18. September 4, 2011

    Statoil urges Beijing to set aside Norway tension

    Statoil of Norway says it remains keen to develop shale gas resources in China amid signs of a thaw in Beijing’s relations...

  19. September 4, 2011

    Statoil’s faith in Norway pays off

    When Helge Lund, Statoil chief executive, received a phone call late one Friday afternoon last month, he braced for an...

  20. May 26, 2011

    Sinochem ignores China-Norway spat

    Sinochem, the Chinese state-owned energy and trading group, wants to pursue more investments in Brazil in partnership with...

  21. February 9, 2011

    Statoil trims its production targets

    Statoil trimmed its oil and natural gas growth production targets for this year and next amid operational issues at several...

  22. November 3, 2010

    Statoil nears deal on China shale gas

    Statoil of Norway is closing in on a deal to explore shale gas reserves in China in spite of tensions between Beijing and...

  23. November 3, 2010

    Production constraints force Statoil to cut targets

    Higher oil prices helped Statoil lift net profits by 87 per cent in the third quarter but the Norwegian energy group cut its...

  24. July 29, 2010

    Stability crucial to US investment, warns Statoil

    Statoil has warned US authorities that oil companies need a “stable and predictable” regulatory environment if they are to...

  25. May 6, 2010

    Rewards outweigh risks, says Statoil

    Statoil has defended the safety record of the offshore oil and gas industry as the BP oil spill in the Gulf of Mexico...

  26. May 5, 2010

    Rewards outweigh risks, says Statoil

    Statoil has defended the safety record of the offshore oil and gas industry as the BP oil spill in the Gulf of Mexico...

  27. February 12, 2010

    Weak demand and Opec cuts weigh on profits at Total and Statoil

    Total and Statoil, two of Europe's biggest energy groups, yesterday revealed they were struggling to increase their...

  28. February 11, 2010

    Total and Statoil struggle to grow

    Total and Statoil, two of Europe’s biggest energy groups, on Thursday revealed they were struggling to increase their...

  29. February 5, 2010

    Gazprom consortium's LNG project hit by weak demand

    An oil consortium headed by Russia's Gazprom is considering postponing its vast Shtokman liquefied natural gas project in...

  30. February 4, 2010

    Gazprom consortium hit by weak demand

    All at sea: lower demand for gas has thwarted projects An oil consortium headed by Russia’s Gazprom is considering...

  31. February 4, 2010

    Statoil to spin off filling stations division

    Statoil is planning to spin off its international chain of filling stations, reflecting a broader shift by oil and gas...

  32. February 3, 2010

    Statoil to spin off filling stations division

    Statoil is planning to spin off its international chain of filling stations, reflecting a broader shift by oil and gas...

  33. December 7, 2009

    Business leaders call for clear direction

    Business leaders have called for agreement at Copenhagen, urging governments to provide the support for the vast investment...

  34. December 7, 2009

    Business leaders call for clear direction

    Business leaders have called for agreement at Copenhagen, urging governments to provide the support for the vast investment...

  35. December 6, 2009

    Business leaders call for clear direction

    Business leaders have called for agreement at Copenhagen, urging governments to provide the support for the vast investment...

  36. November 30, 2009

    US groups lead the earnings ratings - and on providing shareholder value

    Among the big international oil and gas groups, executives at US companies earned more than their European counterparts....

  37. November 29, 2009

    Executive pay at US energy groups higher

    Among the big international oil and gas groups, executives at US companies earned more than their European counterparts....

  38. November 5, 2009

    Total and Statoil report big drop in profits

    Two of Europe's largest oil companies have reported steep falls in profits for the third quarter but increases in their...

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