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Statoil to Invest $200M in Renewables, Energy Storage by 2022

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Statoil ASA, Norway’s biggest oil and gas producer, will invest as much as $200 million in renewable energy over four to seven years as part of Chief Executive Officer Eldar Saetre’s plan to diversify the company’s portfolio.

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Statoil to Invest $200M in Renewables, Energy Storage by 2022

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