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World's 5 most transparent oil companies

May 2, 2008

3. StatoilHydro

StatoilHydro is a Fortune 50 integrated oil and gas company based in Norway.

The StatoilHydro group is one of the largest net exporters of crude oil in the world. The company plays an important role in CO2 capture and storage.

The company's revenue for the year 2006 stood at NOK 431,112 million, whereas income before financial items, income taxes and minority interest stood at NOK 114,449 million and net income at NOK 39,065 million.

The figures for 2007 are not available.

One US dollar = 5.15 Norgegian Krone (NOK)

Image: An aerial photo released by The Norwegian Coastal Administration shows the major oilspill from the Norwegian Statfjord, a platform on the Norwegian part of the continental shelp, in the North Sea.

Photograph courtesy: StatoilHydro

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