Equinor ASA is a leading energy company primarily focused on oil and gas exploration and production, as well as renewable energy solutions. The company is dedicated to sustainable energy practices and is actively engaged in transitioning towards a low-carbon future. Equinor is involved in the development and operation of offshore wind farms and solar projects, aiming to diversify its energy portfolio. With a strong commitment to innovation and environmental stewardship, Equinor strives to meet the world's energy needs while minimizing its environmental impact.
Equinor and Shell to merge UK offshore oil and gas assets, create largest independent producer in UK North Sea, aiming to enhance production and energy security.
Northern Lights, a joint venture between energy giants TotalEnergies (TTE), Shell (SHEL) and Equinor (EQNR), announced the completion of the world’s first commercial CO2 transportation and storage project in Norway.
The Fed's preferred inflation gauge, the PCE Price Index, rose 2.2% YoY, below expectations. Decline in overall inflation suggests an easing of price pressures.
Turkey's intelligence chief met with Hamas in Ankara to discuss Gaza ceasefire negotiations, as Turkey denounces Israel's assault and conducts intensive diplomacy.
International mediators are finalizing a proposal for a cease-fire deal between Israel and Hamas. US officials are discussing revisions by Qatar and Egypt.
Equinor reportedly plans to invest $5.7-$6.7 billion annually in offshore oil and gas projects in Norway until 2035, anticipating strong demand for fossil fuels.
Equinor reportedly shuts down production at Gullfaks C platform after well incident. Gas production reduced by 6.6 mcm/day. It was not clear when the output could restart at Gullfaks C.
