Statoil books improved profit

Helge Lund: Net profit jumps year-on-year

Norway’s Statoil has managed to post a 35% increase in second-quarter profit, as the company looks to slash costs to help cash flow.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?