Statoil’s fourth quarter lags after $2.3 billion net impairment charges

“The result was impacted by $2.3 billion in net impairment charges mainly due to reduced long-term price assumptions,” Statoil said in a statement. The firm maintained its dividend policy and said it would have the same amount of capital expenditure in...

Statoil’s fourth quarter lags after $2.3 billion net impairment charges

“The result was impacted by $2.3 billion in net impairment charges mainly due to reduced long-term price assumptions,” Statoil said in a statement. The firm maintained its dividend policy and said it would have the same amount of capital expenditure in...