Website maintenance:

We will carry out maintenance on the website for a period to come. We apologize in advance for any problems this may cause. If you are unable to access the website it is probably due to updates. Please try to re-enter the website in 10 minutes time. Sincerely, The Web Development team!

Oil giants lost 5.000 billion in 2015

Statoil headquartersFornebu. Statoil headquarters. Photo: Heiko Junge / NTB scanpix


Several multinational giant companies are operating on the Norwegian shelf, but all of them are affected by the decrease in oil prices. The six biggest lost nearly 5.000 billion in 2015.

This is revealed in Forbes’ annual list of the world’s largest oil companies,  the business newspaper writes.
ExxonMobil alone earned 143 billion dollars less last year than the year before. BP’s operating revenues decreased by 130 billion dollars, while Shell’s revenue was 156 billion dollars less in 2015 than in 2014.
Statoil stated in report of their results in the fourth quarter of 2015 that the adjusted operating income fell from 607 billion in 2014 to 472 billion last year.


Source: NTB scanpix / Norway Today


Be the first to comment on "Oil giants lost 5.000 billion in 2015"

Leave a comment

Your email address will not be published.