The petrol price is 60% taxes & fees
A Petrol price of NOK 15.93/l equates to 9.52 in taxes 60 litres of petrol costs NOK 955.80 at Circle-K in Norway. 570.96 of this…
Statoil
Wishes to use land power on three oil rigs
Equinor wishes to use land power on three oil rigs The energy company Equinor wants to use land power as the source of electricity for…
‘Statoil’ enters history
Statoil has changed its name to Equinor. The company’s general meeting approved the name change on Tuesday evening. Since its establishment in 1972, Statoil…
Statoil to be renamed as Equinor this week
This morning’s General Meeting at Statoil, will likely be to inform of the name change to Equinor. The name change will come into force the…
Statoil sells-off UK oil shelf
With a focus upon its core business, and while also following a strategy of creating high value within operations; Statoil has announced a decision to…
The gas platform “Aasta Hansteen” anchored
“Aasta Hansteen” anchored up in the Norwegian Sea After eleven days of towing and a week of anchoring up, the 339 metre tall “Aasta Hansteen”…
Statoil awarding billion NOK contract for Njord Bravo FSO
Statoil is today awarding, on behalf of the Njord license, a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO)…
Odfjell announces Statoil contract of 1.2 billion
The shipping company, Odfjell Drilling, announced that they will enter into a contract with Statoil for NOK 1.25 billion. It appeared in a stock…
Greenpeace boarded Norwegian rig
Greenpeace boarded Norwegian drilling rig Activists from Greenpeace Norway have boarded the drilling rig West Hercules in Skipavika outside Bergen. The rig is scheduled for…
Statoil or Equinor: What’s in a Name?
Should Statoil become Equinor? Arve Johnsen, Statoil’s first CEO has issued a statement critical of the proposed name change of Statoil, vowing to mobilizes against…
Statoil Expands into Martin Linge
Statoil has announced the finalized purchase acquisition of Total oil, with Statoil taking over operations of the Martin Linge oil field and the Garantiana oil…
Asians in the North Sea are paid 29 kroner per hour
Statoil has hired a lifting vessel from Dutch Heerema, accused of operating with wages all the way down to NOK 29 for Asian workers in…
Statoil changes name to Equinor
Statoil changes name to Equinor The board of Statoil proposed changing the company’s name to ‘Equinor.’ ‘’The name Equinor combines ‘equi’,standing for equality, and…
Robots bring NOK 1.5B to Bergen
Robots to bring NOK 1.5 Billion to Bergen Statoil ASA has announced the construction of 2 master control ‘hubs’ in Bergen, Norway and plans a…
Decline on Oslo Stock Exchange
Decline on the Oslo Stock Exchange (Oslo Børs) After two days of recovery, the main index on the Oslo Stock Exchange experienced a downturn on…
Statoil enters offshore wind in Poland
Statoil has signed an agreement with Polenergia to acquire a 50 % interest in the two early phase offshore wind development projects in Poland, Bałtyk…
Investigates Statoil after leak at Mongstad
Police investigate Statoil after leak at Mongstad Pure luck prevented anybody from dying when explosive gas leaked out at Mongstad. The police confirm that they…
Strong upturn on Oslo Stock Exchange
From decline to strong upturn on the Oslo Stock Exchange Tuesday’s sharp drop on the Oslo Stock Exchange (Oslo Børs) was reversed on Wednesday. The…
Statoil records strong earnings for the fourth quarter
Statoil recorded record high production in the final quarter, and during 2017 as a whole. With strong prices, it provided a lot of money at…
Chevron drags Statoil into climate law case
Chevron involves Statoil in climate case The Oil giant Chevron requires Statoil to join in and split the bill if the company has to pay…