Statoil invests in one of the world's largest oil discoveries

Statoil, in a consortium with ExxonMobil and another oil player, has placed the highest bid on one of the world's largest oil discoveries in Brazil. The company is strengthening its strategy in a core area, says Statoil CEO.

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EU Parliament increases green targets for Europe

The stage is set for a showdown with the member nations, particularly when it comes to the renewable energy directive, after the EU Parliament has today voted for a 35 percent target in 2030 and an equivalent target for energy efficiency.

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