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Stock Market & Financial Investment News

News Breaks
February 18, 2014
06:35 EDTSTOStatoil combines gas trading operations, liquids unit, Bloomberg says
Statoil plans to combine its gas-trading operations with a liquids division that buys and sells crude, condensate, refined products and gas liquids starting on May 1, according to Bloomberg, citing the company's executive vice president for marketing, processing and renewable energy Eldar Saetre. Reference Link
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February 4, 2016
05:45 EDTSTOStatoil reports Q4 adjusted earnings NOK 15.2B vs. NOK 26.9B last year
Statoil delivered equity production of 2,046 mboe per day in Q4. Statoil's net operating income according to IFRS for Q4 was NOK 1.7B, compared to NOK 9.0B in the same period in 2014.
February 1, 2016
13:49 EDTSTOS&P cuts rating on Shell, puts several other EU oil majors on watch
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