Equinor says EU may need 350 extra LNG cargoes to replenish reserves, Bloomberg News reports
The European Union may need as many as 350 extra cargoes of liquefied natural gas (LNG) this year, Helge Haugane, the head of ...
Crude Oil Prices7d
Equinor Cuts Renewable Energy Investments and Targets
Equinor is scaling back its investments in renewable energy and focusing on boosting oil and gas production due to ...
Upstream1d
Equinor green chief believes Empire Wind can beat Trump risk and deliver on profitability
Norwegian major’s business model for offshore wind is under scrutiny as it sees fewer profitable opportunities in sector ...
Crude Oil Prices4d
Equinor Prioritizes Oil and Gas, Cuts Renewable Goals
Equinor is reducing its renewable energy targets for 2030, citing challenges in the renewable energy sector. The company is increasing its focus on oil and gas production, aiming to grow output by ...
energydigital6d
Why is Equinor Halving Renewables Spend & Growing Oil & Gas?
Equinor is halving its investment in renewable energy over the next two years in favour of increasing oil and gas production ...
The Victoria Advocate7d
Norway's Equinor scales back renewable energy aims as profit falls
Norwegian oil and gas giant Equinor said on Wednesday it would scale back its renewable energy ambitions as it reported a steep drop in net profit in 2024. The group said it now planned a ...
Investing7d
Equinor slashes renewable energy goals due to market pressures and cost focus
Investing.com -- Equinor on Wednesday revised its renewable energy targets downwards, citing industry headwinds as the primary reason, sending its shares down. In its fourth-quarter 2024 report ...