Topic: Statoil ASA

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Repsol 'almost certain' to end offshore oil drilling in Cuba

Spanish oil company Repsol announced its potential withdrawal from exploration in Cuba, after spending close to $150 million on a dry well. What does this mean for Cuba?
Carbon trading: Why 'good' companies embrace 'bad' credits

When it comes to Europe's carbon-trading system, top companies like Dow Chemical, ConocoPhillips, and BP prefer to save a little money than hone their 'green' reputation.
The New Economy
Oil prices will rise as supplies tighten? Hardly.

Oil prices, which fell below $97 a barrel on Monday, are not poised to surge in the long run because long-term production is declining. Better technology and, if needed, higher oil prices mean the long predicted peak in oil production is a long way off. 
Latin America Monitor
Is the White House ready for a Cuban deep water drilling disaster?

In three months deep water drilling is set to begin in Cuban waters in the Gulf of Mexico, but the US embargo on Cuba could spell catastrophe should a repeat of the Deepwater Horizon spill occur.
The Adam Smith Institute Blog
Two rules to run the economy

Politicians would be better off if they understood a couple of basic aspects of human behavior
China grabs Latin America, well ahead of Obama's outreach

In the past year, China has secured some $65 billion in regional deals. President Obama's current visit to Latin America is seen as a counteracting move.
Europe rethinks dependence on Libyan oil

Italy and Spain depend on Libya for as much as 22 percent and 13 percent of total crude consumption, respectively, a supply not easily replaced on short notice.
Six lessons from the BP oil spill

What the tragedy of the BP oil spill has taught us about regulations, technology, and how our energy diet must change.
At Shanghai Expo, Ahmadinejad polite despite China's support for Iran sanctions

On visit to the Shanghai Expo, President Mahmoud Ahmadinejad alluded to 'pressure and intimidation' that China may have felt in the Iran sanctions vote. China, the largest customer of Iran oil, is treading carefully in the Middle East.
The next 'moon landing?' Norway plans deep-sea CO2 storage.

The oil-rich nation believes a half-mile thick rock formation could store the next 600 years, or so, of CO2 emissions from Europe. Some say the science is not so clear.
Should green-minded Norway invest in Canadian oil-sands?

Last week, Greenpeace failed in its bid to force Norway's StatoilHydro to abandon a $2 billion investment in a project that it says produces 10 timesthe greenhouse gases as North Sea drilling.