Statoil Mining News

Statoil getting out of oil sands, takes $500 million loss

Statoil ASA, (NYSE:STO) the Norwegian-owned oil and gas major, does not believe it has a future in the Canadian oil sands.

Wildfire spreads closer to Canada’s oil sands: hundreds evacuated

As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.

Energy companies pull a Blackwater

With the economy just as much a viable target as any, counter-terrorism may becoming more than just the military's game.