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Goliat arrives in Hammerfest, poised to open new frontier in Arctic offshore oil

Today was a historic day for humanity on the earth’s final and last frontiers.

As the International Space Station berthed SpaceX’s Dragon this morning while floating above earth, hours earlier on the planet’s northern edge,  1,044 more words

Russia

Statoil committed to end routine flaring by 2030

Statoil and several other oil companies and nations joined together today to commit, for the first time, to end the practice of routine gas flaring at oil production sites by 2030.

IOC

Statoil’s share saving plan allocates shares

The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on the 15th of April 2015 for use in the group’s Share Saving Plan have on the 17th of April 2015 been distributed to the employees in accordance with their savings amount.

IOC

The world’s biggest offshore oil and gas companies year 2015

Exxon Mobil Corporation 422,3bn

With $422.3bn market value, ExxonMobil is not only the world’s biggest oil and gas company but also the world’s biggest seller of petroleum products. 842 more words

News

Valemon officially opened

Petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea today. Expected recoverable reserves from the field are 192 million barrels of oil equivalent.

IOC

Notifiable trading

On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 15th of April 2015 purchase 598,244 shares for use in the group’s Share saving plan.

IOC

Catherine Hughes leaves the board of directors of Statoil

Catherine Hughes has informed that she will resign from her position as member of the board of directors in Statoil ASA with immediate effect in order to avoid potential conflicts of interest following a recent change of circumstances.

IOC