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A Statoil petrol station sign in Estonia. Statoil ASA was a Norwegian petroleum company established in 1972. It merged with the oil and gas division of Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro.
The Statoil corruption case, also known as the Statoil - Horton case ( Norwegian: Statoils Horton-sak) [ 1] refers to Norwegian oil company Statoil ’s misconduct and extensive use of bribery in Iran between 2002 and 2003, in an attempt to secure lucrative oil contracts for the company in that country. This was mainly achieved by hiring the ...
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the ...
The next stock I'm buying is Statoil. The stock is currently trading for around $25 a share with a trailing P/E of 7.4; the stock is nearly as cheap as I am. But there is more to it than that ...
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On March 3, Norwegian oil and gas giant Statoil announced the results of a drill stem test at the company's massive Zafarani gas field off of the coast of Tanzania. The reason for this test was to ...
Stochastic oscillator. Stochastic oscillator is a momentum indicator within technical analysis that uses support and resistance levels as an oscillator. George Lane developed this indicator in the late 1950s. [ 1] The term stochastic refers to the point of a current price in relation to its price range over a period of time. [ 2]
Mongstad scandal. The Mongstad scandal was a crisis in the Norwegian oil company Statoil in 1987–88. The company exceeded the NOK 8 billion budget by NOK 6 billion in upgrading the oil refinery at Mongstad. Retrospectively the reasons for the overexpenditure were attributed to bad planning, technical miscalculations and bad project management.