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High gas prices in 1Q22 reflected in Equinor's vast earnings
- War between Ukraine and Russia sends gas prices soaring in Europe
Equinor to raise natural gas production to meet European demand
- Company expects around 1.4 billion cubic meters more of production to meet demand of around 1.4 million European homes
Norway's Equinor to stop trade in Russian oil and oil products
- Decision comes after earlier move to start exit from joint ventures in Russia and halt new investments there
bp's decision to quit Rosneft shareholding 'destroys 30-year cooperation': Rosneft
- Norway's energy giant Equinor also announces decision to pull out of Russia
Norway's Equinor to start exit from Russian joint ventures
- Company has been in Russia for over 30 years and entered a cooperation agreement with Rosneft in 2012
28.02.2022
Oil
Equinor, bp sign deal for offshore wind projects in New York
-Once completed, project will enable to power about 2 million New York homes and generate more than $1 billion in economic activity for city
Revenues of oil giants increase 46% in 1H21
- Saudi Aramco, Chevron, Equinor and Lukoil record highest year-over-year revenue rises
Norway's Equinor reports $1.9 billion profit for 2Q21
- Equinor's total revenues climbs to $17.4 billion during second half of year from $7.6 billion in same period of last year
Norway's Equinor and partners to invest $760 million in Kristin field
- Production start is expected in 2024, Equinor says
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Eni announces oil discovery in Southern North Sea
- Preliminary estimates place size of discovery between 220 and 360 million barrels of oil equivalent
Eni announces oil discovery in North Sea
- Preliminary estimates place size of discovery between 35 and 65 million barrels of oil equivalent
Oil giants increase profits to $46 billion in Q121
- BP records highest year-over-year rise in profit
Equinor, ExxonMobil to invest $8 billion in Brazilian oil field
- Oil field development expected to produce about half of average carbon emissions of similar projects
Equinor acquires Polish renewables company Wento
- Wento’s business plan includes total net pipeline of around 1.6 gigawatts of solar projects
Norway’s oil, gas output lags behind predictions
- Total liquids output is expected to exceed 2.3 million bpd by end of 2021, highest in over 10 years: Int. Energy Agency
Revenues of oil giants decline 35.4% in 2020
- Royal Dutch Shell records highest year-over-year decline in revenue
ExxonMobil to sell over $1bln. in UK offshore assets
- Transaction expected to close by mid 2021
Equinor warns strike may hit Norway's oil, gas fields
- Mediation failure on wage talks may result in shut down of offshore production until future notice
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Norway’s Equinor reports $5.5 billion annual loss in 2020
- Company says results are impacted by low oil and gas prices, large write-downs
Greenpeace loses Norway supreme court Arctic oil case
- Norway's supreme court approves government's plans for Arctic oil exploration
Revenues of oil giants decline 35.8% in 3Q20
- Royal Dutch Shell records highest year-over-year decline in revenue
Equinor appoints new chief financial officer
- Fearn holds master’s degree in business and finance from University of Halmstad
Equinor signs helicopter deal for Stavanger operations
- Total value of contract with options is estimated at $113 million
Equinor joins Europe’s biggest green hydrogen project
- NortH2 aims to produce green hydrogen using renewable electricity from offshore wind off coast of Netherlands
Stocks of energy firms on rise over vaccine hopes
- Shares of oil giants, including Chevron, ExxonMobil and Equinor, rise by at least 5%
Equinor aims for reach net-zero emissions by 2050
- Equinor is committed to being an energy transition leader with growth strategy in renewables, says CEO
Equinor sees 70% profit drop in 3rd quarter
- Weak prices due to pandemic impact financial results, company says
29.10.2020
Oil
