Keyword: Statoil

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Vitol's Dominance Grows in Cash European Oil Markets

19.02.2013 - Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...

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Rosneft in Talks to Increase Oil Supply to China

18.02.2013 - Russia's top crude producer Rosneft said its chief executive had started talks in China over the possibility of increasing oil supplies to the world's largest energy consumer. The...

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Statoil Adds to U.S. Shale Acreage for $590 Million

19.12.2012 - Norwegian energy firm Statoil bought the rights to about 70,000 acres of shale-producing area in the United States on Wednesday as part of a plan to increase its North American...

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Shale Gas Needs Regulation, Not Ban

21.11.2012 - EU politicians rejected a ban on shale gas, while calling for a robust regulatory regime to address environmental and other concerns, in a series of votes on Wednesday in the...

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Norway Challenges Russia with New Gas Pricing in Europe

20.11.2012 - Norway's Statoil signed a 10-year gas supply deal with Germany's Wintershall, based on spot prices that challenged Russian gas export monopoly Gazprom, which insists on oil-linked...

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Statoil Calls Off Snoehvit Expansion in Norway's Arctic

02.10.2012 - Norway's Statoil has dropped plans to expand its Snoehvit natural gas field in the Arctic due to insufficient reserves, raising the chance it will back the building of a pipeline...

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New Projects to Help Total Keep Output Goals

21.09.2012 - New projects should help French oil group Total confirm its 2010-2015 output target in a strategy update on Monday, although analysts will be keen to hear its big exploration...

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Iraqi Kurdistan Sees Itself as Home to Oil Majors

19.09.2012 - Iraqi Kurdistan sees itself soon becoming a major energy player hosting the world's biggest oil companies - including one that may tap part of Iraq's giant Kirkuk oilfield - and...