RIO DE JANEIRO/OSLO (Reuters) - Brazil's Petrobras on Friday agreed to sell one of its largest oil and gas prospects to Norway's Statoil for $2.5 billion, the boldest step yet by the state-led energy ...

OSLO (Reuters) - Norway's Statoil (STL.OL) will extend output from its Snorre oilfield in the North Sea by some 25 years under a 19 billion Norwegian crown (1.69 billion pounds) investment plan ...

"It is a fact that there is a decline in oil and gas (but) there is still a growing demand… we have to deliver that and the question is how to do that?" Statoil CEO Eldar Saetre told CNBC on Wednesday ...

Norwegian oil company Statoil has announced the closure of its Anchorage office as it withdraws from Alaska, exiting leases in the Chukchi Sea "no longer considered competitive within Statoil's global ...

Torgrim Reitan was comfortable living in Stavanger, Norway as CFO of Statoil. But a year ago, with the global oil industry collapsing all around, Statoil’s newish CEO Eldar Saetre decided he had a new ...

Norwegian energy giant Statoil posted a slump in second-quarter earnings on Wednesday, as low oil prices continued to weigh on the industry. Statoil reported net operating income of $180 million and ...

Statoil is talking to the market about its rig capacity both in Norway and overseas for the next decade, with both existing rigs and newbuilds in its sights as it targets efficient units with low ...

One of Europe's largest energy companies, Statoil, plans to change its name to "Equinor" this month as it increases its focus on offshore wind and takes the focus off of crude oil. In an interview at ...

Nearly five years after the world’s first large-scale floating deepwater wind turbine was erected 11 kilometers (km) offshore Karmøy, southeast Norway, Norwegian energy firm Statoil has made a final ...