Offshore

Governing party criticizes Statoil's shareholder dividends

At a time when Statoil is laying off 5,000 employees, the company should not be paying dividends to shareholders, including the Norwegian state, say two top politicians in the Norwegian government's ruling party according to Dagens Næringsliv. Statoil shares slide again.
Photo: Statoil, PR
Photo: Statoil, PR
BY OLE ANDERSEN

Top politicians in Norway's governing party Høyre (The Conservative Party of Norway) are now criticizing management at the country's state-owned oil company Statoil for maintaining its shareholder dividends at a time when the company is also laying off 5,000 employees, reports Norwegian business daily Dagens Næringsliv.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs