Current STO Stock Info

Sen. Murkowski: Obama Administration at Fault for "Project Killer" Regulations
Statoil (ticker: STO) is closing the door on its Alaska operations, the company announced in a press release on November 17, 2015. The Norway-based exploration and production company plans to shut its office in Anchorage and will walk away from 16 operated and 50 non-operated leases in the Chukchi Sea.

The announcement comes less than two months after another supermajor, Royal Dutch Shell (ticker: RDS.B), exited the region based on an exploration well that was de...

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