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Statoil hatches new US strategy

Norway’s Statoil has vowed to make its US operations profitable by 2018 at $50 per barrel of Brent crude as it also seeks a significant hike in output.

New US strategy: from Statoil and segment boss Torgrim Reitan
New US strategy: from Statoil and segment boss Torgrim Reitan
Published 4 February 2016, 16:35Updated 18 October 2016, 05:03
Americas