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State controlled Norwegian oil firm Statoil has disclosed that it has agreed to make an all-cash offer to acquire Calgary-based North American Oil Sands Corporation, or NAOSC, for around 2.2 billion Canadian dollars or $1.96 billion, representing...
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Gazprom confirmed French energy major Total as its partner to develop the Shtokman natural gas field. Total will control 25 percent stake to finance, build and own the...
made popular Sep 8 2008
AP, Oslo
Norway’s StatoilHydro ASA said Tuesday it will buy oil assets worth $1.8 billion in Brazil and the Gulf of Mexico from Anadarko Petroleum Corp.StatoilHydro, which...
made popular Mar 4 2008
Battle between US and Iran is not soothing down. US is trying to isolate the Islamic Republic over its atomic program as it urged to all European banks and energy firms...
made popular May 29 2007
Venezuela’s oil minister warned yesterday that foreign oil firms might not be compensated when their operations in the OPEC affiliated nation’s vast Orinoco...
made popular Apr 18 2007
Higher oil and gas prices boosted Norwegian oil and gas giant Statoil’s full-year net income to a new high of 6.5 billion dollars as its turnover increased 10...
made popular Feb 13 2007
Norway is up with arms to help combat global warming. The country will buy emissions quotas for offsetting the greenhouse gases generated by flights of state employees...
made popular Jan 2 2007
A Norwegian integrated oil and gas company — Statoil — has began adding 5% bio-diesel — rapeseed methyl ester — to all diesel sold at the...
made popular Aug 24 2006
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