• The oil refinery at Mongstad in western Norway is a modern highly-upgraded plant with an annual capacity of 10 million tonnes of crude.It is the largest facility of its kind in Norway, and medium-sized in European terms.The refinery belongs to Mongstad Refining, which is owned 79% by Statoil and 21% by Shell.All crude oil refined at the plant comes from the Norwegian continental shelf. The principal outputs are petrol, diesel oil, jet fuel and other light petroleum products. Hommedal, Marit/SCANPIX

Mongstad burns a hole in Statoil’s pocket

"Extremely serious situation".