Statoil forges ahead in first quarter

Major Norwegian oil company Statoil made a huge profit on oil and gas in the 1st quarter, surpassing analysts' expectations by several leagues.
Photo: Trond Isaksen/Statoil
Photo: Trond Isaksen/Statoil
BY RITZAU FINANS AND JOACHIM CLAUSHØJ BINDSLEV, ENERGIWATCH

Statoil made a ton of money on oil and gas in the first quarter, surpassing analysts' expectations by several leagues.

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