Ithaca hands $200m to shareholders following ‘combination’ with Eni
The North Sea firm also confirmed controversy-hit Rosebank field was on track for first oil in 2026/27
Equinor
COP29: Oil majors pledge $500m energy access investment
Oil majors BP, Shell, Equinor and TotalEnergies have pledged a $500 million joint investment intended to increase energy access for people in key regions.
Courts to decide if petrol emissions are death knell for UK’s largest oil field
A hearing in the Scottish courts this week will decide if planning consent for the UK’s largest undeveloped oil field, and a mature gas basin in the North Sea, will be blocked due to emissions produced by end-use petrol and gas customers.
Dutch court overturns order for Shell to take responsibility for petrol emissions
A Dutch court has overturned a landmark ruling against Shell that would have forced the oil company to reduce emissions produced by its petrol customers.
Power Moves: MDL’s new director of strategy and more
Aleksandra Jurczak has been appointed as director of strategy and marketing at equipment solutions provider Maritime Developments Ltd (MDL).
Equinor announces $30 million 2023 UK tax bill as rates rise
Norway’s state-owned oil company Equinor forked out $30 million in UK taxes in 2023, and now finds itself spending more than it is earning within the country.
Ministers ‘misled’ on environmental impact of new power plant, campaigners claim
Ministers have been “misled” over the environmental impact of a proposed new gas-fired power station in Aberdeenshire, environmentalists have claimed.
Equinor makes $6.9b in third quarter
Equinor (OSE:EQNR) brought in an adjusted operating income of $6.89 billion and $2.04b after tax in the third quarter of 2024.
Production stops amid ‘smoke development’ on Sleipner B
Smoke detected on Equinor's Sleipner B platform in Norweigan waters has stopped production and emergency vessels have been called in.
BP reportedly considers selling stake in offshore wind business
BP (LON:BP) is reportedly considering the sale of a minority stake in its offshore wind business as it looks to reduce the scale of its investment in the sector.
Equinor takes 9.8% stake in Ørsted
Norway’s Equinor (OSE:EQNR) has acquired a 9.8% stake in Danish renewables group Ørsted (XCSE: ORSTED)
Corporate DEI strategies & political hypocrisy
I rate Equinor highly in most areas of corporate ambition when it comes to net zero, support for its supply chain and above all, how it treats its staff.
Hywind Scotland turbines on track to be reinstalled in weeks
Equinor (OSE:EQNR) has confirmed the five floating turbines of its flagship Hywind Scotland project will be re-installed before winter.
Norway’s Northern Lights CCS project completes CO2 storage facilities
The developers of the major Northern Lights carbon capture and storage (CCS) project in Norway have completed the CO2 receiving and storage facilities.
North Sea oil pollution ‘grossly underestimated’, report finds
North Sea oil pollution has been "grossly underestimated" due to an opaque and misleading reporting system and ineffective regulations, a report has found.
Legal challenge to Rosebank and Jackdaw headed for November hearing
A Scottish court has granted approval for legal challenges to the Rosebank and Jackdaw oil and gas fields to proceed to a hearing.
Equinor, RWE won’t move forward with hydrogen pipeline to Europe
Equinor ASA said that it won’t be moving ahead with plans to build a pipeline to carry hydrogen from Norway to Germany with partner RWE AG.
Equinor powers North Sea Troll B and C platforms from shore
Norwegian oil and gas firm Equinor has completed a project to partly power its Troll B and C platforms in the North Sea from shore, significantly reducing emissions.
After 50 years of collaboration, IOGP sets its sights on energy transition
In August, the International Association of Oil and Gas Producers (IOGP) celebrated its 50th anniversary since its founding in London.
Equinor to downsize renewables unit, begins talks with unions
Equinor ASA will downsize its renewables unit and is beginning discussions with unions regarding employees at the division.
EPL changes not to impact Rosebank but will jeopardise ‘further investments’
Rosebank remains unchanged despite UK fiscal instability, however, future investment worth up to £10 billion may be impacted, said an Equinor boss.
Praise for ‘pragmatic’ Norway as Europe’s biggest gas producer at ONS
Norway's role supporting Europe through its energy crisis and cutting emissions in Africa and India was credited to its positive support for its oil and gas industry.
GE Vernova shares fall after another offshore wind blade failure
A turbine blade failed at the Dogger Bank offshore wind farm on Thursday morning.
Equinor partially evacuates North Sea platform following well incident
Equinor, the Norwegian state-owned energy firm, has evacuated some of the workers from the Gullfaks C platform and shut down production.
Equinor, Dominion buy offshore wind leases despite Trump threat
Equinor ASA and Dominion Energy Inc. will spend a combined $93 million on leases to develop offshore wind farms near Delaware and Virginia, despite former president Donald Trump’s vow to target the industry if he retakes office.