"It is a fact that there is a decline in oil and gas (but) there is still a growing demand… we have to deliver that and the question is how to do that?" Statoil CEO Eldar Saetre told CNBC on Wednesday ...

OSLO (Reuters) - Norway's Statoil (STL.OL) will extend output from its Snorre oilfield in the North Sea by some 25 years under a 19 billion Norwegian crown (1.69 billion pounds) investment plan ...

Rebranding would cost up to $32.5 mln but firm plans to ramp up renewables investment. Norway's Statoil plans to change its name to Equinor, reflecting its commitment to become a broad energy company ...

When talks did collapse in November, Statoil had to come up with a new plan in a hurry. The same sources said Swedish independent Lundin Petroleum and its partners in the Edvard Grieg project were ...

Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Towards 2020 Statoil expects to invest $120 ...

Norway's Statoil ASA (STO) on Tuesday submitted its plan for the development and operation of the Johan Castberg project in the Barents Sea, a 49 billion Norwegian kroner ($5.9 billion) project that ...

(Reuters) - Norway's Statoil said on Monday it would keep drilling exploration wells in the Barents Sea using what it called "regular equipment" after a court upheld an injunction in a patent dispute ...