EQNR News and Press, Equinor ASA From 06/28/23

2023-06-28 07:47:12 ET Equinor ( NYSE: EQNR ) said Wednesday that Norwegian authorities approved its plans for development and operation of the Irpa and Verdande fields and Andvare production well in the Norwegian Sea. The company said the Irpa gas field will be connected to...

2023-06-26 13:38:03 ET Summary Equinor ASA has an almost $100 billion market and a continued single-digit P/E ratio showing its financial strength. The company continues to have strong tax obligations to the Norwegian government, but Norway provides a strong operating position, an...

2023-06-26 09:31:53 ET Summary BP reported first quarter adjusted earnings of $1.66 per ADR share on a replacement cost basis, beating analysts' expectations. The quarter's production was 2,329K Boep/d, up 3.4% compared to last year and up 2.8% sequentially. I recommend buying...

2023-06-23 06:25:46 ET Summary Equinor is 67% owned by the Norwegian government’s pension fund, the world’s largest at $1.4 trillion. Though nominally independent, Equinor acts as a national oil company. EQNR funds the Norwegian government’s sovereign wealth f...

2023-06-22 11:27:57 ET The Church Commissioners for England, which manages the Church of England's £10.3B ($11.3B) endowment fund, said Thursday it will sell off stakes in nearly a dozen oil and gas majors from its investment portfolio, saying the companies are failing to address c...

2023-06-16 10:00:07 ET Exxon Mobil ( NYSE: XOM ) and Chevron Corporation ( NYSE: CVX ) are two of the most prominent multinational oil and gas conglomerates on the market and both trade lower on the year as oil dropped under $70/bbl. Head-to-Head these companies have man...

2023-06-15 17:56:22 ET Summary Exxon Mobil, Equinor, Shell, and other partners are working on developing immense natural gas resources off the coast of Tanzania via an LNG export terminal on the mainland. Tanzanian LNG export projects were put on hold during the 2010s decade, but ...

2023-06-14 10:28:40 ET Equinor ( NYSE: EQNR ) said Tuesday it plans to expand its oil production in Brazil by more than 5x over the next decade, while also eyeing green energy projects especially in offshore wind power. Equinor ( EQNR ) wants to increase production to mo...

2023-06-13 05:30:00 ET The stock market is having a roaring first half of 2023. But the gains are largely driven by growth stocks in the technology, consumer discretionary, and communications sectors. Less glamorous companies like Johnson Controls International (NYSE: JCI) , ...

2023-06-10 05:27:40 ET Summary Revenues and others were $29.22 billion in 1Q23, down from $36.39 billion in the same quarter a year ago and down 13.6% sequentially. The first quarter production was 2,130K Boep/d, up from 2,106K Boep/d in the same period in 2022 and up 4.1% sequent...