Statoil exceeds expectations and triples operating result
Higher oil prices and a major focus on cost reductions helped the Norwegian oil giant emerge in surprisingly strong form from the year's second quarter.
Norway's largest company, Statoil, booked a surprisingly positive report for the year's second quarter, where both revenue and earnings are higher than expected.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
CEO on Statoil contract: "Important in today's market"
For subscribers
Statoil and partners struck oil in the Arctic
For subscribers
Statoil invests billion in gas satellite
For subscribers
