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Exploration success strong in 2013, Statoil says

STAVANGER, Norway, Feb. 7 (UPI) -- Norwegian oil company Statoil said Friday it had a successful 2013 in terms of oil and gas reserves generated from its exploration activity.

Russia expects post-Soviet record for oil production

WASHINGTON, Dec. 9 (UPI) -- Russian Energy Minister Alexander Novak said oil output from the country for 2013 should reach a post-Soviet record of 3.8 billion barrels.

Statoil lauds successes off Canada

STAVANGER, Norway, Oct. 30 (UPI) -- Norwegian energy company Statoil said Wednesday its success in productivity was buoyed by an oil discovery made this year off Canada.

OMV spends big on North Sea assets

VIENNA, Aug. 19 (UPI) -- Austrian energy company OMV said Monday it paid $2.65 billion to acquire North Sea oil and natural gas acreage from Norwegian energy company Statoil.

Statoil gets drilling permit for North Sea

OSLO, Norway, Aug. 13 (UPI) -- The Norwegian government said it awarded energy company Statoil a drilling permit for a license area in the North Sea.

Statoil gains strength offshore Azerbaijan

BAKU, Azerbaijan, April 9 (UPI) -- Norwegian energy company Statoil announced it signed a memorandum of understanding to explore for additional reserves offshore Azerbaijan.

Britain signs off on Mariner oil field

LONDON, Feb. 15 (UPI) -- The British government said Friday it expects the Mariner offshore oil field could account for 5 percent of the country's daily production.

Statoil confirms fifth death at In Amenas

STAVANGER, Norway, Feb. 1 (UPI) -- Norwegian energy company Statoil confirmed that a fifth employee died as a result of a January terrorist attack on a natural gas facility in Algeria.

Statoil confirms four dead in Algeria

STAVANGER, Norway, Jan. 28 (UPI) -- Norwegian energy company Statoil confirmed that four of its employees died as a result of a terrorist attack on a natural gas facility in eastern Algeria.

Algeria crisis weighs on Statoil, BP

STAVANGER, Norway, Jan. 22 (UPI) -- Norwegian energy company Statoil said five of its employees were unaccounted for following terrorist attacks on a gas installation in Algeria.

Statoil in mourning over Algerian attack

STAVANGER, Norway, Jan. 21 (UPI) -- Norwegian energy company Statoil said Monday it was flying flags at half staff at all installations for one week out of respect for the crisis in Algeria.

Statoil keen on North American boom

STAVANGER, Norway, Nov. 19 (UPI) -- With oil and natural gas expected to dominate the global energy mix, Norwegian energy company Statoil said it aimed to capitalize on North American reserves.

Statoil seizes on North Sea success

STAVANGER, Norway, Oct. 26 (UPI) -- Norwegian energy company Statoil said its success at home translated to high expectations about the potential in the British waters of the North Sea.

Statoil invests in resource recovery

TRONDHEIM, Norway, Sept. 25 (UPI) -- Norwegian energy company Statoil announced plans to invest more than $40 million in a research center geared toward increasing oil recovery rates.

Statoil, Rosneft outline arctic plans

STAVANGER, Norway, Aug. 31 (UPI) -- Norwegian energy company Statoil said it would finance the costs associated with exploration in the Barents of Okhotsk seas in a partnership with Rosneft.

Statoil, Rosneft eye arctic resources

MOSCOW, May 7 (UPI) -- Russian energy company Rosneft took a majority stake in a joint venture aimed at exploring frontier areas in the arctic with Norway's Statoil, an official said.

Statoil calls for more use of natural gas

ABU DHABI, United Arab Emirates, Jan. 17 (UPI) -- Norwegian energy company Statoil, at a world energy summit in Abu Dhabi, called on other companies to reduce natural gas flaring in the name of sustainability.

Statoil finds second Barents Sea oil field

BATSFJORD, Norway, Jan. 9 (UPI) -- The Norwegian oil company Statoil said it had found a new oil field in the Barents Sea that contains up to 300 million barrels of recoverable oil.
Statoil expects more arctic exploration

Statoil expects more arctic exploration

DOHA, Qatar, Dec. 9 (UPI) -- Political obstacles to exploring for oil and gas in arctic waters will fall as technology improves, an oil executive told the World Petroleum Congress in Qatar.

Statoil starts work offshore Brazil

STAVANGER, Norway, April 11 (UPI) -- Production at the Peregrino offshore field in Brazil started and is on its way to producing 100,000 barrels of oil equivalent per day, an energy company said.

Statoil touts Arctic experience

STAVANGER, Norway, June 7 (UPI) -- Experience gained from gas production in the Arctic paves the way to future developments in the Barents Sea, Norwegian energy giant Statoil announced.

Statoil lauds gas for green future

COPENHAGEN, Denmark, Dec. 14 (UPI) -- Substantial reductions in carbon emissions are possible only through the increased use of natural gas, said executives with Norwegian energy giant Statoil.

Miliband meets StatoilHydro executives

LONDON, Sept. 17 (UPI) -- British Energy Minister Ed Miliband welcomed top officials from Norwegian energy giant StatoilHydro to discuss gas and wind technology in the region.

Azeri officials talk gas at Davos

DAVOS, Switzerland, Jan. 30 (UPI) -- Azeri officials met with top energy executives on the sidelines of the World Economic Forum in Switzerland to discuss production at the Shah Deniz gas field.

StatoilHydro takes over Brazil oil project

OSLO, Norway, March 4 (UPI) -- Norway's StatoilHydro is taking full control over the Peregrino heavy-oil project in Brazil's waters, Aftenposten reported.
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