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Italy could face an additional cost of about €1 bn for energy

After the last week conflict in Algeria, when Islamic militants attacked a complex controlled by BP PLC, Norway's Statoil ASA and Algeria's state energy company Sonatrach, Italy could face an additional cost of almost 1 billion euro (£839m) per year for energy, because of the interruption of Algerian gas supplies.

read more... 25/01/2013

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Norwegian oil giant Statoil to invest $7bn in North Sea project

Norway’s Statoil will develop a $7bn (£4.3bn) North Sea oil field, the largest offshore development in the UK in more than 10 years.

read more... 25/12/2012

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Gazprom to reduce natural gas prices for Europe in 2013

Gazprom, the leading European supplier of natural gas which supplies nearly a third of its gas, has come under increasing pressure from the supplier opponent, as well as Statoil, so that Russia would change the price of their policies in order to reflect the requirements of the buyer for cheaper gas.

read more... 19/12/2012

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Statoil and Wintershall sign a gas supply contract

Norwegian company Statoil, which states to be the second largest supplier of gas to Europe has signed a gas supply agreement with Germany’s Wintershall for the delivery of about 45 billion cubic meters (bcm) of natural gas to the German and other North-West European markets.

read more... 20/11/2012

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Statoil shuts Troll C platform, hitting 120,000 barrels per day oil output

Norwegian energy giant Statoil has recently shut its significant Troll C oil and gas platform in the North Sea because of corrosion found in the auxiliary system for gas treatment, slashing Norway’s oil production by around 8 percent.

read more... 16/11/2012

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