Statoil

Statoil's venture capital fund makes its first investment in wind energy sector

Statoil Energy Ventures announced its first investment worth at about US$3 million in United Wind. The fund plans a total investment of $200 million in wind energy over a period of 4 to 7 years.

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Swiss Drilling Company Transocean Posts Profit Despite Poor Oil Price

Transocean's fourth quarter earnings exceeded the analysts' earnings estimate amid the ongoing fall in the oil market. The company managed to post a quarterly profit of $617 million by reducing its operating costs.

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Tanzania talks with Total, BP on hydrocarbon exploration

Tanzania has held talks with France's Total (TOTF.PA) and Britain's BP (BP.L) over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector.

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Statoil exits Shah Deniz gas project with stake sale to Petronas

Statoil (STL.OL) exited Azerbaijan's Shah Deniz gas project on Monday, selling a 15.5-percent stake to Malaysia's Petronas [PETRA.UL] for $2.25 billion as part of asset sales to shore up returns to shareholders.

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OMV acquires Statoil stakes for at least USD 2.65 billion

Austrian energy company OMV purchased several stakes in Norway's Statoil worth at least USD 2.65 billion.

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StatOil and partners venture to create pipeline

StatOil and its partners invested for an oil transport project.

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Statoil And Partners To Build New Pipeline

Statoil annnounced their plans to build new pipelines to connect 2 North Sea fields

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Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.

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