Latest News and Press Releases

OSLO, Norway, Dec. 16, 2002 (PRIMEZONE) -- Statoil ASA (OSE:STL) (NYSE:STO) has sold its wholly-owned shipping company Navion ASA to Teekay Shipping Corporation (NYSE:TK). "We are very pleased to...

OSLO, Norway, Dec. 13, 2002 (PRIMEZONE) -- The cost framework for Statoil's (OSE:STL) (NYSE:STO) Snoehvit project in the Barents Sea has been increased by NOK 5.8 billion, from NOK 39.5 billion to a...

OSLO, Norway, Dec. 4, 2002 (PRIMEZONE) -- Statoil (Oslo:STL) (NYSE:STO) has upgraded its forecast for total production in 2002, from 1,050,000 barrels of oil equivalent per day (boe/d) to 1,070,000...

OSLO, Norway, Nov. 4, 2002 (PRIMEZONE) -- Statoil (OSE:STL) (NYSE:STO) delivered a result for the third quarter of 2002, adjusted for special items(1), of NOK 9.8 billion (USD 1.3 billion) before...

OSLO, Norway, Oct. 31, 2002 (PRIMEZONE) -- Statoil (OSE:STL) (NYSE:STO) and El Paso Corporation (NYSE:EP) have signed an agreement whereby El Paso releases the capacity rights for 20 years which...

OSLO, Norway, Oct. 28, 2002 (PRIMEZONE) -- Statoil (OSE:STL) (NYSE:STO) and Iran's Petropars have signed a participation agreement which gives Statoil a share of up to 40 per cent in, and the...

OSLO, Norway, Sept. 4, 2002 (PRIMEZONE) -- The election committee in Statoil ASA (NYSE:STO) has recommended to the corporate assembly that Kaci Kullmann Five be appointed as a new director. The...

OSLO, Norway, Aug. 5, 2002 (PRIMEZONE) -- Maurey Devine has resigned from Statoil's (NYSE:STO) board of directors. Ms. Devine joined the group's board in June as one of four new representatives of...

OSLO, Norway, Aug. 5, 2002 (PRIMEZONE) -- Statoil (OSE:STL) (NYSE:STO) achieved an income before financial items, tax and minority interests (EBIT) of NOK 11.1 billion (USD 1.5 billion) for the...

OSLO, Norway, June 19, 2002 (PRIMEZONE) -- A total of 1,548,282 bonus shares are being distributed by Statoil (OSE:STL) (NYSE:STO) today, June 19, to more than 60,000 private shareholders who have...