Statoil: ESA conducts inspection

(Thomson Reuters ONE) -


Statoil's (OSE:STL, NYSE:STO) office in Stavanger is today subject to an
inspection visit by the EFTA Surveillance Authority (ESA), assisted by the
Norwegian Competition Authority (Konkurransetilsynet). The inspection is carried
out on request of the European Commission. Statoil is cooperating with the
authorities in their inspection.

The authorities suspect participation by several companies, including Statoil,
in anti-competitive agreements and/or concerted practices contrary to Article
53 of the EEA Agreement. In addition the inspection relates to potential abuse
of possible dominant position by another party, contrary to Article 54 of the
EEA Agreement.

The suspected violations are related to the Platts' Market-On-Close (MOC) price
assessment process, used to report prices in particular for crude oil, refined
oil products and biofuels, and may have been on-going since 2002.

Further information from:

Investor relations
Hilde Merete Nafstad, senior vice president investor relations,
+ 47 957 83 911(mobile)

Press
Jannik Lindbæk jr, vice president for media relations,
+ 47 977 55 622 (mobile)

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Statoil via Thomson Reuters ONE
[HUG#1701649]

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 14.05.2013 - 15:16 Uhr
Sprache: Deutsch
News-ID 259794
Anzahl Zeichen: 1940

contact information:
Town:

Stavanger

Kategorie:

Business News

Diese Pressemitteilung wurde bisher 164 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Statoil: ESA conducts inspection"
steht unter der journalistisch-redaktionellen Verantwortung von

Statoil (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

New President Appointed for Statoil Canada ...

CALGARY, ALBERTA -- (Marketwire) -- 10/12/12 -- Statoil ASA (OSLO: STL) (NYSE: STO) is pleased to announce that Stale Tungesvik has taken over as president of its Canadian operations. Tungesvik replaces Lars Christian Bacher who has been appointed ...

Statoil Confirms Mizzen Volumes ...

ST. JOHN'S, NEWFOUNDLAND -- (Marketwire) -- 06/20/12 -- Statoil (OSLO: STL) (NYSE: STO) Statoil's Mizzen discovery offshore Newfoundland and Labrador, Canada has resource volumes in the range of 100-200 million barrels of recoverable oil ...

Statoil: Notifiable trading ...

Alle Meldungen von Statoil