Giant impairment sends Statoil into the red

Impairments and low oil and gas prices send Statoil's 3rd quarter result into the red.

Photo: Øyvind Hagen - Statoil

Like most of the oil industry, Statoil has its hands full right now.

The Norwegian oil company has just published its 3rd quarter interim report, which shows a big red figure on the bottom line.

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