Statoil: Record Earnings and Production
February 13, 2006 02:41 ET
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Statoil ASA
OSLO, Norway, Feb. 13, 2006 (PRIMEZONE) -- Statoil ASA (OSE:STL) (NYSE:STO) had a net income of NOK 30.7 billion in 2005, compared to NOK 24.9 billion in 2004.
Net income for the fourth quarter of...
Statoil Upgrades Natural Gas Reserves in Kvitebjoern
February 10, 2006 06:34 ET
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Statoil ASA
OSLO, Norway, Feb. 10, 2006 (PRIMEZONE) -- In the previous announcement, 29 billion cubic metres of natural gas was mistakenly referred to as 29 billion cubic metres of natural gas liquids (NGL).In...
More Gas in Statoil's Kvitebjoern Field
February 10, 2006 03:35 ET
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Statoil ASA
OSLO, Norway, Feb. 10, 2006 (PRIMEZONE) -- Recoverable reserves in the Statoil-operated (OSE:STL) (NYSE:STO) Kvitebjoern field in the North Sea have been upgraded by 50 percent in relation to the...
Statoil Writes Down Iranian Gas Project
January 24, 2006 03:17 ET
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Statoil ASA
OSLO, Norway, Jan. 24, 2006 (PRIMEZONE) -- Due to considerable cost increases and delays in the development of phases 6-7-8 in the Iranian South Pars gas field, Statoil (NYSE:STO) (OSE:STL) has...
Lars Thunell Leaving Statoil Board
December 23, 2005 03:42 ET
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Statoil ASA
OSLO, Norway, Dec. 23, 2005 (PRIMEZONE) -- Lars Thunell is to withdraw from Statoil's (OSE:STL) (NYSE:STO) board of directors with effect from 1 January. He is taking up a new position with the World...
Statoil: Solid Production Growth in Strong Markets
October 31, 2005 02:42 ET
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Statoil ASA
OSLO, Norway, Oct. 31, 2005 (PRIMEZONE) -- The Statoil group (OSE:STL) (NYSE:STO) had a net income of 8.7 billion in the third quarter of 2005, compared to NOK 5.8 billion in the third quarter of...
Statoil Finalises Sale of Borealis
October 14, 2005 02:40 ET
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Statoil ASA
OSLO, Norway, Oct. 14, 2005 (PRIMEZONE) -- Statoil ASA (OSE:STL) (NYSE:STO) has closed the sale of its 50 percent holding in the Borealis petrochemicals group.
Statoil has received EUR 1 billion...
Statoil: Increased Costs and Delayed Start for Snohvit
September 16, 2005 02:26 ET
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Statoil ASA
OSLO, Norway, Sept. 16, 2005 (PRIMEZONE) -- A new review of the Snohvit project's progress shows that it is necessary to raise the investment estimate and spend more time on finalising the...
Statoil: Strong Results, Solid Execution
August 01, 2005 02:40 ET
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Statoil ASA
OSLO, Norway, Aug. 1, 2005 (PRIMEZONE) -- Statoil ASA's (OSE:STL) (NYSE:STO) second quarter 2005, operating and financial review.
Net income for the Statoil group in the second quarter of 2005 was...
Statoil Developing Norwegian Sea Field
July 11, 2005 03:42 ET
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Statoil ASA
OSLO, Norway, July 11, 2005 (PRIMEZONE) -- Statoil (OSL:STL) (NYSE:STO) has today, 11 July, submitted a plan for development and operation (PDO) of Tyrihans on behalf of the licensees in this...