Statoil

Statoil ASA, (OSE: STL), is a Norwegian multinational oil and gas company headquartered in Stavanger, Norway. It is a fully integrated petroleum company with operations in thirty-six countries. By revenue, Statoil is ranked by Forbes Magazine (2013) as the world's eleventh largest oil and gas company and the twenty-sixth largest company, regardless of industry, by profit in the world. The company has about 23,000 employees.

Statoil was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro.

As of 2013, the Government of Norway is the largest shareholder in Statoil with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu.

Operations

Upstream oil, gas, and biofuel operations

Statoil is the largest operator on the Norwegian continental shelf, with 60% of the total production. The fields operated are Brage, Heimdal, Grane, Glitne, Gullfaks, Heidrun, Huldra, Kristin, Kvitebjørn, Mikkel, Njord, Norne, Ormen Lange, Oseberg, Sleipner, Snorre, Snøhvit, Statfjord, Sygna, Tordis, Troll, Veslefrikk, Vigdis, Visund, Volve, and Åsgard. The company also has processing plants at Kolsnes, Kårstø, Mongstad, Tjeldbergodden, and Melkøya.

Vladimir Putin

Vladimir Vladimirovich Putin (/ˈpuːtɪn/; Russian: Влади́мир Влади́мирович Пу́тин; IPA: [vlɐˈdʲimʲɪr vlɐˈdʲimʲɪrəvʲɪtɕ ˈputʲɪn], born 7 October 1952) has been the President of Russia since 7 May 2012, succeeding Dmitry Medvedev. Putin previously served as President from 2000 to 2008, and as Prime Minister from 1999 to 2000 and again from 2008 to 2012. During his last term as Prime Minister, he was also the chairman of United Russia, the ruling party.

For 16 years, Putin was an officer in the KGB, rising to the rank of lieutenant colonel before he retired to enter politics in his native Saint Petersburg in 1991. He moved to Moscow in 1996 and joined President Boris Yeltsin's administration where he rose quickly, becoming Acting President on 31 December 1999 when Yeltsin unexpectedly resigned. Putin easily won the subsequent 2000 presidential election and was reelected in 2004. Because of constitutionally mandated term limits, Putin was ineligible to run for a third consecutive presidential term in 2008. Dmitry Medvedev won the 2008 presidential election and appointed Putin as Prime Minister, beginning a period of so-called "tandemocracy". In September 2011, following a change in the law extending the presidential term from four years to six, Putin announced that he would seek a third, non-consecutive term as President in the 2012 presidential election, an announcement which led to large-scale protests in many Russian cities. In March 2012, he won the election, which was criticized for procedural irregularities, and is serving a six-year term.