Equinor, which is the operator of production licence 293 B, has discovered oil and gas close to the Troll and Fram area. Based on preliminary estimates the size of the discovery is between 4 and […]
Goldman Sachs sees big oil companies perform well in 2022, boosted by strong positive consensus earnings revisions, improved ESG credentials, and accelerating buybacks The brokerage points to “an era of structurally higher commodity prices on diminishing […]
Equinor and bp have announced the finalization of the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA), for Empire Wind 2 and Beacon Wind 1. The PSAs set the terms under which these projects […]
Norway’s oil and gas production is at an all-time high, bouncing back solidly from a year of pandemic restrictions and curbs on production. Norwegian firm Equinor is running the show with oil and gas revenues […]
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 […]
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