Wall Street JournalNorway's Statoil retreats from the oil sandsThe Globe and MailThe deal marks a big retreat from the oil sands, which in the last decade had been the target of a massive spending boom among European and Asian companies. Since then, de …

Athabasca buys oil sands business from Norway's StatoilThe Globe and MailStatoil, which entered the oil sands business in 2007, said the price is made up of $435-million in cash, 100 million Athabasca shares and contingent value payments triggered at o …

Climate change fight will hamper oil sands returns: Statoil execThe Globe and MailStatoil ASA's chief economist said that high-cost projects in oil sands and ultra deepwater deposits would struggle to adapt should the industrialized world move aggressi …

Addressing climate change will hamper oil sands returns: Statoil execThe Globe and MailStatoil ASA's chief economist said that high-cost projects in oil sands and ultra deepwater deposits would struggle to adapt should the industrialized world move agg …