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Stock Market & Financial Investment News

News Breaks
February 19, 2013
05:36 EDTSTOStatoil upgraded to Neutral from Underweight at HSBC
News For STO From The Last 14 Days
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May 22, 2013
11:46 EDTSTOStatoil upgraded to Equal Weight from Underweight at Morgan Stanley
09:39 EDTSTOTeekay Offshore signs new FSO contract with Statoil
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May 15, 2013
05:55 EDTSTOEU inspects firms in oil investigation, WSJ reports
EU antitrust authorities carried out unannounced inspections of energy giants BP (BP), Royal Dutch Shell (RDS.A) and Statoil (STO), escalating an investigation of alleged oil-price manipulation amid scrutiny of how prices are set in global financial markets, reports the Wall Street Journal. EU officials are investigating whether the three companies manipulated prices in the $2.5T physical-oil market by giving false data to an oil index publisher, the Platts unit of McGraw Hill Financial (MHFI). Platts's offices were also inspected.Reference Link
May 14, 2013
06:13 EDTSTONoble awarded a four-year, $655M drilling contract by Statoil
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