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Statoil CEO Says Energy Sector Should Help Fix Climate

Posted by April 21, 2015

Eldar Sætre (Photo: Harald Pettersen, Statoil)

The oil and natural gas industry cannot ignore climate change and must work to help curb its effects, Statoil ASA (STOHF) Chief Executive Eldar Sætre said in an interview on Tuesday.
 
"We recognize and fully acknowledge the climate issues and want to take our part of the responsibility to find solutions," Sætre said in an interview on the sidelines of the IHS CERAWeek conference in Houston, the world's largest annual gathering of oil executives. "We want to be the most carbon efficient oil and gas company out there."
 
 
(Reporting by Ernest Scheyder; Editing by David Gregorio)

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