Oil Buyers Guide

Alaska Coastal Oil Appeal Could Delay Drilling

January 23, 2014

Alaskan coastal drilling by oil companies including ConocoPhillips and Royal Dutch Shell Plc may be further delayed after a federal appeals court ruled the government acted illegally in opening almost 30 million acres on the continental shelf for oil drilling. The Sierra Club and other organizations sued the government after

Statoil Said to Eye Deals as Norway Loosens Grip

January 9, 2014

Statoil is studying overseas acquisitions, according to people familiar with the matter. Encouraged by Norway’s newly elected conservative government that’s considering reducing the state’s 67 percent stake, Statoil is examining takeovers that would allow it to diversify away from Norway while diluting the state’s $51 billion shareholding. Read sample article.