Statoil ASA’s Q4 Profit Rose to 25.5 Billion Kroner

Business Week reported Statoil ASA’s (NYSE:STO) fourth quarter profit more than doubled.

As quoted in the market news:

Net income rose to 25.5 billion kroner ($4.4 billion) from 9.5 billion kroner a year earlier, the Stavanger-based company said today.

Click here to read the full Business Week report.