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Statoil

The Russians Are Coming Too

Diane Francis | Posted 12.29.2012 | Canada Politics
Diane Francis

Sovereign-owned or controlled enterprises (SOEs) from questionable countries have no business in the boardrooms of Canada or other free enterprise nations. This concern about SOEs is not just about China. Russia is another questionable regime with companies investing here and all over the world that are owned by The Kremlin or by oligarchs who answer to it.

Eastern Giant Joins The Feeding Frenzy In Alberta

CP | Mike Blanchfield, The Canadian Press | Posted 05.19.2012 | Canada Business

BANGKOK - Add one more Asian suitor to Western Canada's resource-rich energy sector: Thailand wants to buy a major natural gas asset there.The head of...

Energy Giant Pleads Guilty To Oil Sands Environmental Violations

CP | Bob Weber, The Canadian Press | Posted 10.17.2011 | Canada

EDMONTON - An Edmonton court has been told that Norwegian energy giant Statoil will admit to at least some environmental infractions in relation to it...

North Sea Oil Find Largest In 30 Years

CP | Posted 10.16.2011 | Canada Business

OSLO - Norway's Statoil received a huge boost in reserves when the company announced Tuesday that two previous North Sea oil discoveries are connected...