Tags » Statoil

The best cure for low oil prices may be low oil prices, says Statoil

But fundamentals are still weak in the oil market

Statoil’s chief economist is wary of the short-term outlook for oil

The cure for low oil prices is the market equivalent of hair of the dog. 348 more words


Energy groups take knife to $100B of spending after oil rout

crude oil production oil derrick Martin Divisek | Bloomberg | Getty Images

More than $100 billion of spending on new projects by the world’s energy companies has been slowed, postponed or axed following the oil price plunge, evidence of the drastic industry action that will curb output in coming years. 105 more words


Major players win Myanmar contracts

Myanmar has reportedly awarded contracts to international oil and gas players Statoil and ConocoPhillips exploration in the deep-water offshore Block AD.

via Upstreamonline


No bananas

The beauty of renting a car:
Always clean – no crisps under the chairs or sticky something on carpet.
Smells nice – not a hint of fermenting bananas. 19 more words


Dear friends

I’m not sure what I have done… but my Domain name is now changed to Instaology.com. Some days ago I upgraded my account to Premium and a own Domain was included. 77 more words


Africa Oil & Gas: Tanzania to finalise land acquisition for LNG project

Tanzania plans to spend 12 billion shillings ($6 million) in the next fiscal year to buy land for the planned construction of a liquefied natural gas (LNG) terminal… 320 more words

Mozambique Oil And Gas Industry