29/04/2014at 14:20

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.

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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Statoil forges ahead in first quarter

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Related articles:

Statoil allegedly pursuing Tullow Oil

Semco: Statoil cost reduction efforts hit suppliers hard

Statoil cuts USD 5 billion from future investments

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Front page now

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Fredriksen now owns nearly as many Euronav shares as the Saverys family

Blue Water founder promises future "focus on profitable growth"

EU considers capping Russian fuel prices at USD 100 a barrel

Borr Drilling raises USD 400m to pay off debt

Further reading

Semco to upgrade crane capacity on two Cadeler jack-ups

Challenges mount for carriers in offshore wind market

Energy crisis prompts strategy changes: German bank commits to offshore financing

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