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  1. West Virginia opens bids on drilling under the Ohio River

    Headlines

    Mon, 29 Sep 2014

    of people. Magnum Hunter (NYSE: MHR ), Noble Energy (NYSE: NE ), Gastar Exploration (NYSEMKT: GST ) and Statoil (NYSE: STO ) submitted bids with 20% royalty rates; state officials plan to pick winners in the next week or two. Post your

  2. Update: Everybody Wants A Piece Of Total

    Headlines

    Fri, 26 Sep 2014

    economical, given the fact operator Chevron (NYSE: CVX ) estimated the total amount of recoverable barrels of oil at 400 to 500 million. Chevron owns 58% of the asset, StatoilHydro owns 25%, and Total is the smallest Complete Story »

  3. Statoil makes "play opener" gas discovery in unexplored Barents Sea area

    Headlines

    Fri, 26 Sep 2014

    Statoil (NYSE: STO ) says it made a gas discovery in the PL713 Pingvin prospect in the Barents Sea, which it calls a " play opener " in an unexplored area. STO estimates volume of 30M-120M recoverable boe; the discovery is currently

  4. Statoil to delay Corner oil sands project

    Headlines

    Thu, 25 Sep 2014

    Statoil (NYSE: STO ) says it is postponing work on its Corner field project in the Canadian oil sands by at least three years, citing rising costs. STO says the decision does not affect its Leismer operations, with capacity

  5. The Fast-Track North Sea Fields Can Save Statoil's Year

    Headlines

    Thu, 25 Sep 2014

    By Khuldune Shahid : Statoil (NYSE: STO ) has been taking on a precipitously rising number of fast track ..... collaboration with its partners, relative authorities and suppliers Statoil has developed technical solutions that are standardized and interaction

  6. Abu Dhabi firm buys half of Statoil stake in U.K. offshore wind farm

    Headlines

    Wed, 24 Sep 2014

    Masdar Abu Dhabi Future Energy agrees to buy half of Statoil ’s (NYSE: STO ) stake in the 402 MW Dudgeon wind project off the coast ..... stake in the project valued at £525M ($860M); STO , which will operate the plant, retains a 35% stake

  7. Six energy firms to sign UN-brokered pact to cut methane emissions

    Headlines

    Mon, 22 Sep 2014

    Six global energy companies - including Southwestern Energy (NYSE: SWN ), Statoil (NYSE: STO ), Eni (NYSE: E ) and BG Group ( OTCPK:BRGXF , OTCQX:BRGYY ) - reportedly have agreed to work to reduce emissions of methane

  8. Norway to outline Johan Sverdrup project plan in early 2015

    Headlines

    Mon, 22 Sep 2014

    timetable for providing power from land to the field, after the Norwegian oil directorate agreed with joint operator Statoil (NYSE: STO ) in saying it would not be possible to provide power from land to the giant field before it starts producing oil

  9. Statoil's suspends COSL Pioneer rig due to overcapacity

    Headlines

    Wed, 17 Sep 2014

    Statoil ( STO -0.4% ) says overcapacity in its rig ..... complete work at the end of this month. STO says the move will have no impact on its ..... exploration activity on the Norwegian shelf, where STO still expects to drill 20-25 exploration

  10. Statoil sells assets to Wintershall for $1.3B

    Headlines

    Fri, 12 Sep 2014

    Statoil (NYSE: STO ) is selling stakes in a number of oil and gas fields and ..... further improves our capacity to invest in core areas," says Statoil President Arne Sigve Nylund. Statoil has divested more than $18B in assets since 2010, and

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