Norway’s Statoil said it would cut its capital expenditure plans by 8% to $12 billion this year as the oil and gas producer swung to a second-quarter net loss.

Norway’s Statoil fell deeper into the red in the third quarter, pledging to reduce capital spending by another $1 billion to cope with the lingering impact of low crude prices.

Statoil ASA, Norway’s biggest oil company, is ready to increase investment again as it reaps the benefit of drastic cost reductions it pushed through after oil’s collapse -- cuts that it vowed ...

One of Europe's largest energy companies, Statoil, plans to change its name to "Equinor" this month as it increases its focus on offshore wind and takes the focus off of crude oil. In an interview ...

Norway's state oil company Statoil is changing its name to Equinor to reflect a shift toward cleaner energy.

Statoil leaving Maine for more certain climate The company, which planned to build a $120 million wind farm, blames its decision on a LePage initiative to reopen bids for offshore wind projects.

Norway's Statoil ASA STO on Friday presented a range of environmental and performance targets for its next generation of projects. In a statement presented at its Socially Responsible Investor day ...

Statoil ASA, the Norwegian energy company, was granted a lease to use the seabed off the east coast of Scotland and can now begin building the world’s first floating offshore wind farm.

The following primary insiders have on 25 March acquired shares in Statoil ASA at share price of NOK 143.09 in connection with the company's long-term incentive program.

Statoil, now a pioneer in offshore wind and other energy sources, said it wants its name to reflect a growing emphasis on a low-carbon emissions future. "Equi" is supposed to express Statoil's ...

OSLO--Statoil ASA (STO) and Statkraft received approval from a Norwegian energy regulator to permanently shut down the Karsto gas power plant in western Norway, which was expected to be ...

Norway's Statoil plans to change its name to Equinor, reflecting its commitment to become a broad energy company rather than one focused only on oil, it said on Thursday.