Statoil 'highly impacted' by low oil prices
Stavanger, Norway (UPI) Mar 19, 2015 - Norwegian energy company Statoil said Thursday its productivity for full-year 2014 was strong, though financial results are "highly impacted" by low oil prices. Statoil said full-year equity production of 1.93 million barrels of oil equivalent for 2014 was a 4 percent increase from the previous year. The company said results show it's among the leading companies in the industry. ... more

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