Statoil puts footprint in Alberta oil sandsNorwegian oil giant drawn by ‘long-term’ barrels in pouncing on privately held company with plans for bitumen production, upgrading Gary Park For Petroleum News
The Norwegian flag has been planted in the oil sands of northern Alberta, with Statoil making a bid to acquire high-flying North American Oil Sands for C$2.2 billion.
Statoil, which is due to complete a merger with domestic rival Norsk Hydro later this year, has consistently been high on the list of....
[additional news subjects in this story]
Application before regulators Statoil world’s third-largest net seller of crude North American: money needed for development
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