OSLO (Reuters) - Norway's Statoil (STL.OL) will extend output from its Snorre oilfield in the North Sea by some 25 years under a 19 billion Norwegian crown (1.69 billion pounds) investment plan ...

Even though Statoil racked up a large loss for the fourth quarter, its CEO gave some investors reason to believe that things could get much, much better in the future. What management had to say Of ...

"It is a fact that there is a decline in oil and gas (but) there is still a growing demand… we have to deliver that and the question is how to do that?" Statoil CEO Eldar Saetre told CNBC on Wednesday ...

Torgrim Reitan was comfortable living in Stavanger, Norway as CFO of Statoil. But a year ago, with the global oil industry collapsing all around, Statoil’s newish CEO Eldar Saetre decided he had a new ...

OSLO (Reuters) - Shareholders in Norway's largest company, Statoil (STL.OL), will approve on Tuesday the board's proposal to drop "oil" from its name as its seeks to diversify its business and attract ...

Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The decision triggers investments of ...

Part of the Climate Change and the National and Corporate Interest Series The CSIS Energy and National Security Program is pleased to host Bjørn Otto Sverdrup, Senior Vice President for Sustainability ...