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24. mai 2012 09:31:45
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Statoil Q4 operating profit falls below forecast

Statoil
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Norway's Statoil reported a bigger-than-expected 6 percent fall in fourth-quarter operating profit on Monday and said preparations for taking over Norsk Hydro's oil and gas business was well under way. Operating profit at the Nordic region's biggest industrial company by turnover fell to 26.06 billion Norwegian crowns ($4.17 billion) in the three months to end-December from 27.80 billion in the same…

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