Statoil Tag

Global oil demand could peak within a decade if nations work together to hit climate goals, or keep growing into the 2050s in a conflict-ridden world, according to Norwegian energy firm Equinor. The company, formerly known as Statoil, made the double-edged prediction in its new energy...

The North Sea will be subject to further exploration activity after the UK Oil and Gas Authority (OGA) announced the granting of 25 licenses for oil and gas exploration. Licenses were issued to 17 companies, despite the tender attracting the lowest interest in 14 years and...