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Author: | Reed, S. Sains, A. |
Title: | Norway: Statoil no longer looks sacred |
Journal: | Business Week
2000 : VOL. 3681:1011, p. 20-21 |
Index terms: | Norway Oil industry Privatization |
Language: | eng |
Abstract: | Stoltenberg, the Prime Minister, is moving to privatize at least part of Statoil, the $20 billion state-controlled oil producer. Stoltenberg's allies say that it is a compromise that begins the process of taking Norway's oil industry private. In terms of both clout and profitability Statoil has fallen behind the supermajors in recent years. |
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