Friday Mar 7
Oil and Gas Investor
Companies Look For Cost-Reduction Strategies
High commodity prices have allowed the oil and gas industry to develop resources that would have been far too costly 15 years ago.
Trending on the Topix Network
Thu Mar 06, 2014
Statoil AS opened at 26.87 on Thursday. Statoil AS has a 1-year low of $20.02 and a 1-year high of $27.17.
Norway oil, gas producers maintain record 2014 spending forecast
Oil and gas companies operating in Norway, western Europe's largest producer, maintained estimates for record spending this year even as they become more selective about projects amid rising costs and lower profitability.
Mon Mar 03, 2014
Energy Companies Seek Ways To Capture Natural Gas From North Dakota Oil Boom on
The oil pumped out of the Bakken Shale fields in North Dakota brings natural gas above ground too, but the state doesn't have the infrastructure yet to store or move the gas to processors.
Statoil ASA 's share price hit a new 52-week high during trading on Monday , Analyst RN reports.
Statoil could benefit from Ukraine turmoil, stock surges to five-year high
Statoil , the largest non-Russian supplier of gas to Europe, is a rare bright spot in today's stock market, surging to its highest level in more than five years on hopes it could increase its market share if Russia cuts back gas supplies.
The Washington Post
Oil at $100 Loss Warning Rejected by Norges Bank: Nordic Credit
Oeystein Olsen, Norway's central bank governor, rejected industry warnings that oil at about $100 a barrel is too cheap to support growth in western Europe's biggest crude exporter.
Sat Mar 01, 2014
Voting season for the 2014-15 AAPG Executive Committee officially opens March 3, with members having the option of casting a ballot either online or via mail.
Thu Feb 27, 2014
The Washington Post
Borealis Sees U.S. Ethane Benefit One Year Before Tankers Dock
Borealis AG, the Abu Dhabi-owned maker of chemicals, is already benefiting from rival Ineos Group Holdings Ltd.'s plans to import cheaper ethane into Europe, even though the first tankers won't dock for another year, according to Chief Executive Officer Mark Garrett.
Wed Feb 26, 2014
The Bakken Boom - Kid's Views
These are the videos I like. Honest and to the point. We have similar footage, but I am not allowed to post it.
Investors Mount Attack on Norway in $20 Billion Oil, Gas Row
Allianz SE , Abu Dhabi 's wealth fund and firms including Statoil ASA have mounted a multi-pronged battle against Norway to defend revenue and oil- and gas-industry projects valued at $20 billion.
Sun Feb 23, 2014
Arctic Oil Still Seen Decades Away as Producers Balk at Costs
Lundin Petroleum AB , the Swedish explorer focused on Norway , said there won't be any oil production in the ice-filled waters of the Arctic for at least 15 years because of technical and logistical challenges.
Fri Feb 21, 2014
Det Norske: Correction Presents Attractive Long-Term Buy Opportunity
Det norske oljeselskap ASA is an exploration, development, and production company operating in the Norwegian continental shelf.
Thu Feb 20, 2014
Statoil Disappointed as Oil Hopes Fade at Delayed Arctic Project
Statoil ASA said a fourth well meant to boost oil resources at its delayed Johan Castberg project in the Barents Sea found only gas, increasing pressure on Norway's biggest energy company to cut development costs.
Tue Feb 18, 2014
Statoil Merges Gas Trading With Oil to Suit Freer EU Market
Statoil ASA , Europe's second-largest natural-gas supplier, will merge its gas- and oil-trading units as differences in buying and selling the two commodities fade and competition increases.
Mon Feb 17, 2014
Norway May Align Drilling Rules With U.K. in Bid to Tackle Costs
Norway, western Europe 's largest oil and gas producer, may align regulations for offshore drilling with the U.K. in an attempt to reduce costs which are as much as 45 percent higher than its neighbor.
StatOil: Raising 12-Month Price Target To $31; Stock Could Double In 4-5 Years
A week ago I predicted StatOil would reach $28 in 2014 and generate an annual total return of 20%.
Fri Feb 14, 2014
Statoil, BG to build Tanzania LNG plant, energy minister says
Statoil and BG Group will build Tanzania's first liquefied natural gas plant in Lindi and are due to meet with authorities about the project's schedule and details in April, according to the country's energy minister.
Wed Feb 12, 2014
The Washington Post
Statoil Says Sverdrup Field Output May Reach 650,000 Barrels Day
Statoil ASA will develop the Johan Sverdrup field with four offshore installations initially and power it from shore, as output at Norway's biggest find in decades may peak at as much as 650,000 barrels a day.
Massive Johan Sverdrup Oil Field: Worth An Extra 30% For Lundin Petroleum
Editor's notes: The recent discovery represents a powerful long-term catalyst going forward for Lundin Petroleum.