A group of armed men forced Libya’s major oilfield el-Sharara to close late on Sunday (1 October), effectively shutting down production of more than 230,000
Tag: Statoil
Statoil Outlook Report: Decoupling Growth From Energy May Be Impossible
The Norwegian oil and gas company Statoil said that it might be impossible to decouple gross domestic product growth from energy, emphasizing the importance of
Analysis: Algeria’s Merry-Go-Around in Energy Sector Leadership
Francis Ghilès (Associate Senior Researcher, CIDOB) The appointment of Moumen Ould Kaddour as the new CEO of the state-run Algerian oil and gas company Sonatrach
Libya’s Oil Output Reduced by 252,000 bpd Due to Riots
Libya’s oil production has been reduced by 252,000 barrels per day – the country’s National Oil Corporation (NOC) announced yesterday (28 March). Oil output from
Oil Majors Focus on Technology to Drive Cost Savings
Major oil companies are using the newest technologies including drones and drill design to data management to decrease costs and withstand a sharp downturn in
Canada Ponders Making Oil Firms Pay for Offshore Drilling
Canada is considering making oil companies pay for the contribution the country has to make to the International Seabed Authority (ISA) for far offshore drilling.
Norway’s Arctic on Rise despite Challenging Oil Market Conditions
The Norwegian Arctic is making a surprising comeback on the world’s oil market as many energy companies are cutting jobs, costs and projects due to
Iran’s Nuclear Deal Likely to Spur Exports and Drag Oil Price Down
Iran’s nuclear deal with the world powers is expected to spur the country’s oil exports and thus further support the downward trend in global oil
Norway’s Statoil Unveils its Government Payments Worldwide
Norway’s oil and gas company, Statoil, disclosed how much money it paid to the governments around the world in 2014. The 35-page report called “2014
Statoil Puts Off its Sand Oil Project, Opponents to Keystone XL Pipeline Celebrating
Last week, Stavanger-based oil company Statoil said it would put off its 40,000-barrel-a-day Corner project for a minimum of three years, possibly also indefinitely. Thus,