Statoil Surprised by Loss as Oil Prices Hit Profits
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Business, Architecture
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major financial challenge faced by oil companies like Statoil and BP?
Excessive profits
Struggling to pay dividends without borrowing
Inability to borrow money
High production costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expectation for companies like Shell and Exxon in the current oil market?
They will focus solely on new projects
They will outperform BP significantly
They will face similar challenges as BP
They will not pay any dividends
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a key support for oil companies during the slump, which is now weakening?
Refining business
Renewable energy investments
Oil exploration
Natural gas production
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is Norway's sovereign wealth fund related to Statoil's performance?
It is heavily dependent on Statoil's profits
It is entirely invested in Statoil
It is unaffected by Statoil's performance
It has been drawing money out due to changes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the core strategy of European oil companies regarding dividends?
Reducing dividends to invest in new projects
Maintaining high dividends despite market challenges
Eliminating dividends to focus on growth
Increasing dividends annually
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