Statoil may drop renewable energy

Posted on Aug 23rd, 2010 with tags .

Helge Lund says Statoil has to consider whether it’s green commitment is generating sufficient profit, or whether the company has to return to being an oil and gas company. “In three to four years, we have to evaluate whether we can cope with the renewable energy industry’s demands,” said Helge Lund to NRK.

Advertisement





McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams