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Back to Home » May 2012 News » Statoil profits down, sales up in first quarter

Statoil profits down, sales up in first quarter

May 08, 2012

OSLO, Norway (AP) -- Norwegian oil company Statoil ASA on Tuesday said net profit dropped 4 percent in the first quarter, though the decline had much to do with the sale of a stake in a Canadian oil sands project that boosted the same quarter a year ago....

Source URL: http://hosted.ap.org/dynamic/stories/E/EU_NORWAY_EARNS_STATOIL?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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