The Horrible Oil & Gas Market Has Devastated Norway Giant Statoil

The chart below shows Total Revenues and Total Net Income (Loss) for the five most recent years of by far Norway's largest company Oil & Gas Giant Statoil.

Not just Statoil, but also the country of Norway, must now be feeling the horrific economics effects of the extended depressed oil & gas market.

By Far Norway's Largest Company		Annual	Annual	Annual	Annual	Annual
Oil & Gas Giant Statoil		2016	2015	2014	2013	2012
		mil US$s	mil US$s	mil US$s	mil US$s	mil US$s
Total Revenues and Other Income		45,873	59,642	99,264	108,318	123,660
Net Income (Loss)		(2,902)	(5,169)	3,887	6,713	12,234