Statoil Fortunes Drop as BP Rises in 2016

GALWAY, IRELAND--February 8, 2017--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--It was a tale of two oil and gas giants for 2016 as Norway's Statoil ASA (OSE:STL) (Stavangar, Norway) reported heavy losses for last year while BP plc (NYSE:BP) (London, England) reported a small profit for the same period.

Within this article: Details financial fortunes of Statoil and BP in 2016