Statoil books best quarter in four years

The stable and recently rising oil price has spelled good news for Norwegian giant Statoil, which emerged from the first quarter with strong revenue. (Article updated)
Photo: Ole Jørgen Bratland/Statoil
Photo: Ole Jørgen Bratland/Statoil
BY SØREN SPRINGBORG & ENERGYWATCH

Norwegian oil giant Statoil delivered better than expected when compared with analyst expectations in the first quarter.

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