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Equinor's income declines by 55% in 2023
- Equinor posts around $107.2 billion in revenue in 2023, down 29% from approximately $150.8 billion in 2022
Equinor, BP cancel agreement to sell offshore wind power to New York
- Equinor cites costs, inflation as reason for cancellation
Equinor sells its shares in Azerbaycan to SOCAR
-Company says decision is part of re-shaping of its international oil and gas business
Norway’s Equinor signs long-term deals with Germany for gas supply
- It is also largest gas sales agreement Equinor has entered after Troll gas sales deal in 1986
19.12.2023
Natural Gas
Equinor, Ithaca Energy to progress Phase 1 of Rosebank field in UK
- Approximately 245 million barrels of oil could be supplied from Phase 1 of Rosebank development
Equinor's income declines 41% in 1H23
- Company's revenue also drops to $22.9 billion from around $29.2 billion quarter on quarter, and $36.5 billion year over year
Equinor, Cheniere agree on 15-year natural gas purchase deal
-Deal doubles volumes of LNG that Equinor will export out of Cheniere’s LNG terminals on US Gulf coast
Norwegian oil giant Equinor reports record profit of over $75B
- Equinor’s revenue for full-year 2022 increased 68% from a year earlier
Equinor shuts down strike-hit gas fields in Norway
- Over 130,000 barrels of oil equivalent (boe) per day of oil and 290,000 boe per day of natural gas expected to be offline during strike
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Equinor to supply 1 bcm of additional gas to UK during winter
- Equinor, Centrica announce agreement to deliver additional Norwegian gas supplies to UK
Equinor extends drilling and services contracts worth $2 billion
- Contract extension for drilling has estimated value of approximately NOK 14B ($1.48B) and will offer work to around 2,000
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
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Norway's Equinor and partners to invest $760 million in Kristin field
- Production start is expected in 2024, Equinor says
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
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
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