Political Risk / Iran
StatoilHydro Pulling Out Of Iran But Pulling In The Profits
August 2008 | Industry NewsNorwegian national oil company (NOC) StatoilHydro has confirmed that it will not be making any new investments in Iran. StatoilHydro's decision to freeze investment in the country follows the US State Department's decision in June to launch a review of the company's activities in Iran.
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