Breaking News, World News and Taiwan News.

Updated Thursday, November 5, 2009 11:21 am TWN, AP

Norway's Statoil reports 5 percent uptick in profit

OSLO -- Norwegian oil company Statoil ASA has posted a 5 percent jump in third-quarter profits, saying gains on currency values helped offset the effects of sagging oil and gas prices. The state-controlled oil concern said Wednesday that net profit for the July through September period inched up to 6.6 billion kroner (US$1.1 billion) from 6.3 billion kroner in 2008.

Subscribe to The China Post and save 25%. Click here

Share

Print

Email


Sponsors
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Save 70% for hotel in Shanghai and 6000 hotels, in Beijing, Guangzhou, Shenzhen, and all China.
▪	Get the best deals for Guangzhou Hotels or choose from more than 10,000 hotels in 499 Chinese cities.
▪	Find great real time deals on China Flights. Book flights to China or China domestic flights 24/7.