Statoil

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Europe Raids Big Oil Firms, Looking for Price Rigging

BP, Shell, and Statoil involved

(Newser) - European authorities raided the offices of BP, Shell, Statoil, and other companies involved in the oil business yesterday, as part of an investigation into what they suspect is a more than decade-old conspiracy to rig oil prices. The European Commission said it had launched "unannounced inspections" of oil company... More »

Oil Rig Workers Flee Tilting Rig

Statoil evacuates hundreds in the North Sea

(Newser) - Statoil today evacuated 326 oil rig workers from a North Sea platform after the structure began to tilt, the Norwegian oil company said. A company spokesman said most of the 374 people on the "Floatel Superior" were airlifted by helicopter after one of the floating pontoons started taking on... More »

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