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Financial News

Monday May 11, 10:02 AM

 

 

Helge Lund

By Terje Bendiksby

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Norwegian energy giant StatoilHydro chief executive Helge Lund speaks at a press conference in Vaekeroe outside Oslo, February 2009. Norwegian energy group StatoilHydro said its net profit plunged by 77 percent in the first quarter as the lower oil price eclipsed an increase in production. Norwegian energy giant StatoilHydro chief executive Helge Lund speaks at a press conference in Vaekeroe outside Oslo, February 2009. Norwegian energy group StatoilHydro said its net profit plunged by 77 percent in the first quarter as the lower oil price eclipsed an increase in production.


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