Hydro ASA


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StatoilHydro ASA - Oil & Gas - Deals and Alliances Profile

StatoilHydro ASA (StatoilHydro) is an integrated Norwegian oil and gas company. The company was formed in 2007 with the merger between the oil and gas assets of Norsk Hydro ASA and Statoil ASA. The company is engaged in the exploration, development, and production of crude oil and natural gas; transportation and processing of gas and LNG; and marketing and sale of crude oil and refined products.

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Hydro Divests Aluminum Automotive Structures Business

Norsk Hydro ASA entered into an agreement to divest its automotive structures business to Benteler Automobiltechnik GmbH, the automotive division of the large German industrial enterprise Benteler Group with headquarters in Paderborn, Germany. Hydro’s automotive structures business, part of the...

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Norsk Hydro: Hydro divests automotive structures activities

SOURCE: Norsk HydroOct 27, 2009 02:39 ETHydro divests automotive structures activitiesOSLO, NORWAY--(Marketwire - October 27, 2009) - Norsk Hydro ASA has today entered into an agreement to divest its automotive structures business to Benteler Automobiltechnik GmbH, the automotive division of the large German industrial enterprise Benteler Group with headquarters in...

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Norsk Hydro: Grete Faremo leaving Hydro board

SOURCE: Norsk HydroOct 21, 2009 05:14 ETGrete Faremo leaving Hydro boardOSLO, NORWAY--(Marketwire - October 21, 2009) - Grete Faremo, who was named Minister of Defense in the Norwegian government on Tuesday, will resign from the Board of Directors of Norsk Hydro ASA with immediate effect. Faremo has been on Hydro's Board of Directors since 2006 and has been...

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Aluminum Bubble-in-Making Concerns Mount as Global Surplus Seen Rising 29%

... Emirates Aluminium Co. will start the world’s biggest smelter in April, and a plant part-owned by Norsk Hydro ASA in Qatar fires up next month. This year’s 35 percent rally in aluminum and the 46 percent jump in the of commodities is prompting concerns of a bubble in the making. China, the biggest aluminum producer, is at risk from an absence of consumer demand from trading partners, said...