Shares of Statoil ASA, Norway's largest oil company are surging 3% after the company announced what may be Norway's most significant oil discovery in over a decade, saying it found oil and natural gas at the Skugard prospect in the Barents Sea.More to follow, I'm sure.
Friday, April 1, 2011
Peak Oil? What Peak Oil? -- Not a Bakken Story
Statoil hits another big find:
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