Statoil takes a hit after terrorist attack

STATOIL suffered a 58.4% drop in net income Q1 2013 compared to the same period last year, finishing with a NOK6.47 billion ($A1.08 billion) profit on the back of lower production.

Statoil takes a hit after terrorist attack Statoil takes a hit after terrorist attack Statoil takes a hit after terrorist attack Statoil takes a hit after terrorist attack Statoil takes a hit after terrorist attack

Part of this was down to production being stopped at the In Amenas facility in Algeria when militants attacked the plant and killed more than 80 people.

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