Lundin Petroleum AB (LUPE.ST)
19 Mar 2018
LONDON/OSLO Norway's Statoil will raise its dividend, investments and exploration spending in 2018, it said on Wednesday, after higher oil prices helped it beat fourth-quarter earnings forecasts.
* Stock is best performer of European oil index (Adds comments, updates share, adds detail)
OSLO, Feb 1 Sweden's Lundin Petroleum will start paying dividends as a recovery in the price of crude oil and cost cuts power record cash flows, the company said on Thursday.
OSLO, Feb 1 Sweden's Lundin Petroleum will start paying dividends as a recovery in the price of crude oil and cost cuts led to increased cash flows, the company said on Thursday.
OSLO Production at Lundin Petroleum's Edvard Grieg oil and gas field off the coast of Norway is back at normal levels following a partial outage that began when the Forties pipeline was shut earlier this month, Lundin said.
* Firms not applying: Chevron, Conoco, Lukoil, Tullow (Recasts, adds quotes, Castberg field development)
CALGARY, Alberta Canada's Cenovus Energy Inc has reached an agreement to sell its Suffield oil and gas assets for C$512 million ($416 million) to International Petroleum Corp , striking its second deal this month as it pushes ahead with its debt reduction plan.