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STO

State-Run Energy Companies Score a Pair of Offshore Gas Discoveries

Michael Teague | Equities.com |

Two major state-run energy companies have reported new offshore gas discoveries in recent days. Late last week, the Norwegian Petroleum Directorate said that Statoil ASA (STO) ,


The Promise of East Africa's Natural Resources

Eugene Obiero | Equities.com |

Knowing how to spot the next big trend ahead of the crowd is one of the best ways to generate substantial returns on one’s investments. For the self-directed investor who typically lacks the


Major Integrated Oil & Gas: Standard Oil, Super-Majors, and Resource Nationalism

Michael Teague | Equities.com |

Vertically integrated oil and gas companies, otherwise known as the “majors,” "big oil," or "super-majors," differ from the rest of the industry for the simple fact


Angolan Tax Reforms to Result in Greater Costs for International Oil Companies

Michael Teague | Equities.com |

Angola, Africa’s number two producer of oil behind Nigeria, is set to pass revisions to the tax code effective as early as today that will raise the cost of doing business for foreign oil


Scandinavian Oil Firms Strike in the Arctic

Michael Teague | Equities.com |

Less than a month after it was announced that Norwegian oil & gas major Statoil ASA (STO) was working with leading UK independent Tullow Plc ($TUWOY) on a discovery of reserves of up to 120


Statoil Strikes Off Canadian East Coast

Jacob Harper | Equities.com |

On Sept 26 the Norwegian oil company Statoli ASA ($STO) struck a major find in the Bay du Nord field off the coast of Newfoundland, discovering between 300 and 600 million barrels of oil. The find


1 Out Of 11 Is Not Bad For Tullow Oil

Michael Teague | Equities.com |

Tullow Oil ($TUWOY), one of the UK’s leading independent oil and gas explorers and producers, was up four percent on the pink sheets on Friday to $8.33 per share on news that the company had


Equities Sector Coverage: Stocks Close Higher Despite Tech Drag

Sector Recap | Equities.com |

The S&P / Case-Shiller 20-City Composite of home prices recorded a steeper than expected decline of 0.8% in February. Year-over-year the decline was 3.5% to a new low since the housing bubble


Equities Sector Coverage: Stocks Up on Three-Year Anniversary of Recession Bottom

Sector Recap | Equities.com |

The Nation's international trade deficit in goods and services increased to $52.6 billion in January from $50.4 billion (revised) in December. Nonfarm payroll employment rose by 227,000 in


Equities Sector Coverage: Stocks Rebound Modestly from Worst Day of 2012

Sector Recap | Equities.com |

The Dow Jones Industrial Average rallied from a low of 12751.51 to a high of 12858, but the daily chart remains negative. The NASDAQ rallied from a low of 2920.54 to a high of 1940.28, but the


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