Seeking Alpha Seeking Alpha Portfolio App for iPad  Earlier this
week, Norway held elections for its government and the
conservative side (not one party, but a coalition of parties)
came out successful. Because Statoil (STO) is mostly owned by
the Norwegian government and operates under Norwegian tax codes,
the implications of the elections for the company will be pretty
big.  Led by Ema Solberg, the new government will be hoping to
privatize some companies partially or entirely, while lowering
tax rates for businesses to make the environment friendlier for
enterprises. Earlier in the summer, the current (soon to be
former) government proposed increasing taxes on petroleum in
order to increase the revenues of the government. This had led
Statoil to cancel or postpone some of its projects due to higher
costs.  The Norwegian government currently owns 67% of Statoil;
however, this will probably come to a change with the new
government. The conservative coalition wants to reduce
government's ownership in Statoil