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Statoil posts Q3 loss, continues to feel sting of low oil prices
2015-10-28 13:11:15| Oil & Gas - Topix.net
Norwegian oil and gas company Statoil posted a loss in the third quarter despite attempts to slash costs amid declining oil prices. The state-controlled company posted a net loss Wednesday of 2.8 billion kroner in the July-September period, compared with a loss of 4.7 billion kronor in the same quarter last year.
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Category:Energy and Environment
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