Big revenues to the government - despite lower oil prices

[05.04.09]
Net cash flow from The State's Direct Financial Interest (SDFI) on the Norwegian continental was NOK 33.2 billion in the first quarter. A 17 per cent reduction from first quarter of 2008 is small compared with a halving of the oil price as measured in US dollars. The main reason is that gas prices remained high.

Other news

Kjell Morisbak Lund appointed as acting CEO
[07.09.2020]
Kjell Morisbak Lund appointed as acting CEO
Read more
Grethe Moen resigns as Petoro CEO
[12.08.2020]
Grethe Moen resigns as Petoro CEO
Read more
Substantial cash flow from Petoro in the first half of 2020 despite challenging 2nd quarter
[05.08.2020] - Press release - second quarter 2020
Substantial cash flow from Petoro in the first half of 2020 despite challenging 2nd quarter
Read more
Solid 1st quarter in a demanding market situation
[11.05.2020] - Press release - First quarter 2020
Solid 1st quarter in a demanding market situation
Read more
Solid cash flow – impacted by weaker gas market
[06.03.2020] - Press Release Petoro 2019 results
Solid cash flow – impacted by weaker gas market
Read more
14 licences to Petoro
[14.01.2020]
14 licences to Petoro
Read more
40 per cent cut in greenhouse gas emissions by 2030 – net zero in 2050
[07.01.2020]
40 per cent cut in greenhouse gas emissions by 2030 – net zero in 2050
Read more
New projects provide a basis for increased revenue
[30.10.2019] - Press release - Third quarter 2019
New projects provide a basis for increased revenue
Read more
Norwegian shelf giant on stream
[08.10.19]
Norwegian shelf giant on stream
Read more
Dvalin start-up
[13.08.2019]
Dvalin start-up
Read more