After decades of world-leading oil and gas production, Norway is looking to stake its claim on a piece of the renewables market. But can the oil giant become a role model for green energy while […]
Equinor on Thursday reported adjusted earnings of $5.47 billion in the quarter which is way above the $2.05 billion reported in the first quarter of 2020. Adjusted earnings after tax were $2.66 billion in the first […]
The heads of BP Plc, Total SE and Equinor ASA are among dozens of speakers convening for the annual International Petroleum Week conference, an event markedly different this year from previous gatherings. The industry’s flagship event in […]
Norway’s oil industry employers struck a wage bargain with the Safe labour union on Tuesday, preventing a strike at the Mongstad crude terminal and shutdowns of major offshore oil and gas fields, Safe told Reuters. The Norwegian Oil and […]
OSLO (Reuters) – Norway’s Equinor has agreed to sell its assets in the U.S. Bakken shale oil province after a decade of multi-billion-dollar losses and criticism for poor investment decisions. Equinor will sell its entire […]
Norwegian oil and gas giant Equinor saw a massive increase in its fourth quarter of 2020 net loss amid market turmoil caused by the coronavirus crisis as its production dropped by 7 per cent compared […]
The closing of the transaction marks BP’s official entry into offshore wind. “We see significant opportunities by rapidly growing bp’s offshore wind business, making a major contribution to our strategic goals and developing assets that will provide long-term, […]
Energy News Beat Publishers Note: Wonder if Biden saying that he will halt the Keystone XL pipeline had any influence on the Equior team to divest the stake in Athabasca? Norway’s Equinor said on Wednesday […]
OSLO – Equinor is already an offshore wind major. Now the company will explore the opportunities within offshore solar power. Together with Moss Maritime the company wants to start testing off the island of Frøya. […]
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