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Statoil ASA Message Board

williahmw_2000 1 post  |  Last Activity: Feb 12, 2014 3:38 PM Member since: Aug 2, 2000
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    Oil /nat gas price sensitivity

    by gargisjames Feb 12, 2014 12:03 PM
    williahmw_2000 williahmw_2000 Feb 12, 2014 3:38 PM Flag

    Harald, perhaps the most interesting detail I have seen recently is that each of these giants spent more but produced less oil in 2013 than in 2012: BP, Chevron, Conoco, Eni, Exxon, Petrobras, Shell, 'Statoil, and Total. Hess was touted as a great success but a profit of $2.025 B was matched with a debt increase of $2.054 B.. Regards, Hugh

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