News: Statoil ASA (STO.N)

STO.N on New York Stock Exchange

18.35USD
19 Dec 2014
Price Change (% chg)

$0.34 (+1.89%)
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Fri, Dec 19 2014

BRIEF-PSI Group wins contract with Statoil Fuel & Retail Sweden

* Says CashGuard has been selected by Statoil Fuel & Retail Sweden to provide its cash management systems to Statoil full-service stations in Sweden

Schlumberger wins Statoil Mariner contract

OSLO, Dec 19 - Norwegian energy firm Statoil has awarded an integrated drilling and well services contract for its Mariner field in the British sector of the North Sea to Schlumberger, it said on Friday.

BRIEF-Storebrand signs pension deal with Statoil

* Storebrand and Statoil have signed a letter of intent to deliver defined contribution pension to all of Statoil's 13,400 employees with more than 15 years left to retirement

EU mergers and takeovers (Dec 16)

BRUSSELS, Dec 16 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

EU regulators okay BP to acquire Statoil Fuel and Retail Aviation

BRUSSELS - European Union competition authorities gave conditional clearance on Monday for oil major BP to acquire jet fuel business Statoil Fuel and Retail Aviation (SFRA).

Global LNG-Prices steady, demand outlook remains weak

LONDON, Dec 12 - Asian spot liquefied natural gas (LNG) prices stabilised on Friday, taking a breather from the steady decline seen since September, as demand remained weak in an oversupplied market.

UPDATE 1-Statoil shuts LNG plant due to a leak, duration unknown

OSLO, Dec 8 - Norway's Statoil has shut Europe's only plant that produces liquefied natural gas (LNG) for an indefinite period due to a gas leak, the company said on Monday.

EU mergers and takeovers (Dec 2)

BRUSSELS, Dec 2 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

UPDATE 1-Statoil defers decision on $5.7 bln oil recovery project

OSLO, Dec 1 - Norway's Statoil said it has postponed a decision to invest 40 billion crowns ($5.74 billion) in a mature field, saying that it needed more time to refine the project as its profitability was under threat.

Statoil could pay high cost for response to exploration failure

* Statoil spent heavily on exploration that hasn't worked

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