Statoil bets on finding oil
Article Abstract:
Chief Executive Officer Helge Lund, Statoil ASA of Norway is planning financing of oil exploration in the face of soaring but uncertain oil prices. Statoil ASA is purchasing oil fields in the Gulf of Mexico from EnCana Corp. for $2 billion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Shell makes offer to buy out holders in Canadian unit
Article Abstract:
Petroleum company Royal Dutch-Shell has offered $6.84 billion to buy out the minor shareholders in Shell Canada . If successful, it would be the first major deal under CEO Jeroen van der Veer, and a test of his new vision for the company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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