Business Insider | One major company found the secret to making a profit from $25 oil Business Insider nd covered with crude oil points to an oiled marsh where oil has come ashore May 26, 2010 in Blind Bay, Louisiana. Getty Images/Win McNamee. Statoil, the Norwegian oil and gas company, has managed to make one of its flagship oil projects profitable at ... Statoil Cuts Sverdrup Oil Field Development Costs By $2.9B Statoil to Cut Costs, Raise Output at Giant North Sea Oil Project |