Equinor signs $27 bn gas deal
The 10-year contract was signed with Centrica.
Equinor reports 59% fall in net profit
Its earnings were US$36.2bn, half of what is was in 2022.
Norwegian firm expects first cross-border transport of CO2 in 2025
Oslo, Norway -- Norwegian fertilizer group Yara International on Monday signed a contract to begin transporting CO2 produced at its Netherlands plant to Norway so it can be buried under the seabed, as of 2025.The agreement with Northern Lights, a joint venture grouping oil giants Equinor of Norway, Anglo-Dutch Shell and...Equinor profits tumble
The drop was due to sharply lower gas prices and offshore wind problems.Equinor posts record profit
Output slipped by 2% to 2.04 million barrels per day of oil equivalent.
Europe’s biggest oil field hikes production, to provide 7% of continent’s demand
Located in the Norwegian waters of the North Sea, the Johan Sverdrup field which until now pumped some 535,000 barrels per day (bpd) on Thursday entered a new production phase where it will pump around 720,000 bpd.
Norway preps burial ground for CO2
As the planet struggles to meet its climate targets, some climate experts see the technique, called carbon capture and storage, as a means to reduce emissions from fossil-fuel-based industries.Canada torn between economy, climate in deciding oil project
Environment Minister Steven Guilbeault will soon face his first major test in deciding on a new offshore oil project.
What’s in store for UAE as OPEC+ decides to increase oil output?
The UAE’s oil production limit fixed by the OPEC+ in 2018 is not a reflection of its full production capacity, which rose from 3.17 million barrels per day in that year to over 3.8 MBPD in April 2020.Equinor partners with Algeria’s Sonatrach for oil, gas exploration
*MoU includes possible cooperation in greenhouse gas emissions, carbon management *Equinor involved in the development and production of two gas fields in Algeria Norwegian energy giant Equinor has partnered with Algeria’s state-owned oil company Sonatrach to examine cooperation in global oil and gas exploration and production. The memorandum of understanding...
