Gossip Craze (Free subscription) | 06/09/2009
oslo petrol stations operated by norwegian energy group statoil hydro were to keep their original name statoil the groups chairman said thursday indicating it meant massive savingsstatoil operates some 2000 petrol stations in eight countriesretaining the statoil name for the petrol stations was believed to save huge sumsoslobased consulting firm det norske veritas dnv had...
MarketIntelligenceCenter.com (Free subscription) | 06/08/2009
Statoil (STO) was downgraded today by analysts at UBS and the stock is now at $20.69, down $0.86 (-3.99%) on volume of 707,369 shares traded. The analysts reduced STO to Sell from Neutral. Over the last 52 weeks the stock has ranged from a low of $12.86 to a high of $39.24. Statoil stock has been showing support around $21.02 and resistance in th...
Market Watch (Free subscription) | 06/05/2009
... relative outperformance versus the sector. Simultaneously the broker turned more positive on StatoilHydro , lifting its rating on the stock to buy from neutral, citing the sensitivity of the company's earnings to changes in the oil price. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
SeekingAlpha Energy Stocks (Free subscription) | 05/25/2009
Michael Fitzsimmons submits: StatOil’s (STO) annual meeting was held on May 19, 2009 and announced its dividend as NOK7.25 of which NOK2.85 was a special dividend. The dividend applies to shareholders of record on May 19, 2009 and the expected payment date is June 3, 2009. StatOil pays a dividend once per year and its dividend policy is stated as follows: It is Statoil’s...
BONJOUR L'ESTONIE (Free subscription) | 07/02/2009
... Alexela automatic filling stations costs 15.20 kroons per litre and 15.45 kroons per litre in the Statoil service stations. Diesel fuel costs 14.35 in automatic filling stations and 14.60 in service stations.
Green Car Congress (Free subscription) | 07/02/2009
... be a minority owner. Powercell Sweden was formed in 2005 as a joint venture between AB Volvo and Statoil ASA. The company is targeting the development of fuel cell Auxiliary Power Units (APUs) in the range of 5-10 kW for heavy-duty trucks and other high-tech niche markets. The primary market sectors for PowerCell are the European and North American truck markets, with a focus on trucks larger...
No Hot Air (Free subscription) | 06/30/2009
... mega discoveries offshore Brazil. But BGs newest investment , although playing follower to Statoil Hydro, BP, Eni and Shell, is going to get the GECF more worried. Don't worry where BG's investment currently is. Worry about where the technology they learn there takes them next: BG Group plc the U.K.’s third- largest natural-gas company, bought assets from Exco Resources Inc. for $1.06 billion...
The Irish Times (Free subscription) | 06/26/2009
... involvement in Ireland, and means that the Corrib’s other owners, exploration giants Shell and Statoil Hydro, will have a new partner on the project, Vermilion.Under the agreement’s terms, Vermilion will make further payments of between $135 million and $300 million, depending on when Corrib first begins producing commercial quantities of gas.This is expected some time between late 2010...
No Hot Air (Free subscription) | 06/22/2009
... exploration and production companies. Chesapeake Energy (NYSE:CHK) is in a joint venture with StatOil Hydro ASA (NYSE:STO) to develop the Marcellus Shale in the Northeastern United States. StatOil Hydro said, in May, 2009, that it and Chesapeake Energy were looking at 14 different shale plays outside the U.S. The areas in Europe under study are Hungary and Poland. We hate to sound...
Wind Energy Planning (Free subscription) | 06/13/2009
The world's first 'full scale' floating wind turbine has been installed off the Norwegian coast by Statoil Hydro. The 2.3 Megawatt turbine has 100 metres of ballast below the water to support the massive structure. It is expected to generate enough green electricity for the equivalent of 1600 UK homes. The project costing US $16m is a test case with US $9m allocated for 'testing'. This video...
Market Wire (Free subscription) | 06/18/2009
SOURCE: StatoilHydroJun 18, 2009 03:03 ETNew board member in StatoilHydroSTAVANGER, NORWAY--(Marketwire - June 18, 2009) - The corporate assembly of Statoil ASA has elected representatives of the employees to serve on the company's board as employee representatives. Einar Arne Iversen (born 1962) becomes a new employee representative. He has been a member of the corporate assembly...
NewsWatch: Energy (Free subscription) | 06/13/2009
• Huntsman/banks court battle in Conroe starts today • Aubrey McClendon to angry shareholders: "I believe in creating value." • Chesapeake in JV with Statoil for overseas shale • Natural gas producers seek balance • Nigerian rebels claim destruction of...
Environment Blog (Free subscription) | 06/16/2009
... in transporting and storing CO2 subsea from an onshore, liquefied natural gas plant. Besides, Statoil started storing carbon dioxide in the North Sea’s Utsira formation underneath the Sleipner oil field platform. Given that this location has proved itself in times of yore, it has sequestered 11 million tons of CO2. Hence, aptness of the spot is hardly an issue. Why environmentalists frown...
Times of India (Free subscription) | 06/15/2009
... Chevron and Exxon Mobil, Russian state-run Gazprom, Germany's Eon, UK's Centrica and Norway's Statoil Hydro. Nigeria is estimated to hold 184 trillion cubic feet of gas reserves but most of this remains unexploited. The bulk of the country's gas is exported through the 22-million tonne a year Nigeria LNG plant on Bonny Island or is flared. The shortlisted firms would be invited to make offers...
No Hot Air (Free subscription) | 06/15/2009
The good news: Shale gas, the big transformer of US gas markets, is to go international. Washington (Platts)--12Jun2009 US independent gas producer Chesapeake Energy is entering into a joint venture with Norway's StatoilHydro to look for shale natural gas plays...
