First floating wind farm starts operating in Scotland

2017-10-18 21:06

The world's first floating wind farm has started operations off the coast of Scotland, opening up the possibility of turbines at sea depths that would avoid spoiling views.

Giant floating wind farm gets ok in Scotland

2015-11-02 22:03

The Scottish government has given the go-ahead to Britain's floating offshore wind farm project, which could power 19 000 households.

Statoil cuts investments due to oil price dip

2015-02-06 19:15

Norwegian oil giant Statoil has cut back on planned investments as annual profits were slashed in half in the wake of tumbling oil prices and heavy write-downs.

Statoil takes $350m hit on exploration halt

2014-11-21 19:35

Statoil says it is halting exploration in Angola after poor drilling results, retreating from an offshore area it had high hopes for.

Tanzania LNG project could cost up to $30bn

2014-11-13 18:15

A planned liquefied natural gas export plant to develop Tanzania's vast gas reserves could cost up to $30bn, says the energy minister.

Statoil finds more gas offshore Tanzania

2014-10-14 12:00

Norway's Statoil has found more gas offshore Tanzania, increasing its total for an eventual investment decision on a liquefaction plant with Britain's BG Group.

Statoil to sell Azerbaijani stakes

2014-10-13 12:30

Norwegian energy firm Statoil plans to sell $2.2bn worth of its Azerbaijani assets to Malaysian oil and gas company Petronas.

Statoil to keep Rosneft partnership

2014-08-25 15:42

Norwegian energy group Statoil intends to continue its partnership with Russia's Rosneft, despite Western economic sanctions imposed on Moscow.

Greenpeace boards Arctic rig

2014-05-27 18:41

Greenpeace activists boarded an oil rig in the Norwegian Arctic to try to stop exploration plans in the far north.

Greenland eyes mines, says prime minister

2014-01-21 20:31

Greenland will push ahead with a uranium and rare earths mine, despite objections as the melting of the polar ice cap unlocks the country's mineral riches.


Fire breaks out on drilling rig in Norwegian Sea

2016-11-22 22:49

Oil and gas company Statoil says it's preparing to evacuate a drilling rig in the Norwegian Sea due to a fire in the engine room

Norway unveils plan to develop huge oil field

2015-02-13 16:30

State-controlled energy firm Statoil has presented plans to develop the largest oil find off Norway since the 1980s, which will create 50 000 jobs.

Norway moves ice edge north, invites oil bids

2015-01-20 21:00

Norway has invited firms to drill for oil and gas further inside the Arctic Circle, putting the government at loggerheads with opposition parties.

Statoil in test case over seabed areas

2014-11-17 10:45

Norway's Statoil risks millions of dollars in extra costs in Canada in a test case that could spell problems for other oil firms.

Statoil posts surprise loss

2014-10-29 17:00

Norwegian oil giant Statoil has recorded an unexpected third-quarter loss owing to weak oil prices and a charge for depreciated assets.

Statoil divests from Shah Deniz for $2.25bn

2014-10-13 16:15

Statoil is pulling out of the Shah Deniz gas field in Azerbaijan and the South Caucasus Pipeline by selling its 15.5% stake to Malaysia's Petronas.

Masdar joins mega wind project off Britain

2014-09-24 17:07

Abu Dhabi energy company Masdar has announced that it is joining a multi-billion dollar offshore wind farm project in Britain.

Lithuania, Statoil sign LNG deal

2014-08-21 19:15

Lithuania has signed a deal with Norway's Statoil to supply natural gas to the country's new terminal starting 2015.

Statoil reports profit jump

2014-04-29 13:45

Norwegian oil giant Statoil almost quadrupled its first quarter profits, owing to higher oil and gas prices and lower expenditure.

'Polar bears' protest Arctic oil drilling

2013-04-10 21:33

Two Greenpeace activists dressed as polar bears have boarded an oil platform in Norway to protest against Norwegian oil and gas group Statoil's planned drilling in the Arctic.

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