EQNR News and Press, Equinor ASA From 12/03/21

With North Sea oil prices (CO1:COM) recently hitting an 8-year high, and European natural gas prices at record levels, Shell (NYSE:RDS.A) has elected to walk away from controversial UK North Sea oil project Cambo The project has come under scrutiny from environmental groups, namely Frien...

TotalEnergies (NYSE:TTE) says it has started production from the second phase of its deepwater CLOV development off the coast of Angola, which is estimated to contain ~55M boe of resources. The project involved drilling seven wells tied back to the existing CLOV floating production storage an...

Equinor (EQNR +2.5%) and SSE (OTCPK:SSEZY) say they secured financing to proceed with the construction of the £3B ($3.98B) Dogger Bank C offshore U.K. wind farm. The project is the third phase of the 3.6 GW Dogger Bank wind complex, which the companies say will become the world's largest...

In November 2020, energy transition heavyweights Equinor (NYSE:EQNR), Panasonic (OTCPK:PCRFY) and Hydro signed a memorandum of understanding ("MOU") to form a partnership exploring the possibility of establishing a battery business in Norway It was thought the technological expertise of Panas...

The increasing acceptance worldwide of the need to transition to renewable energy to address climate change concerns, President Biden’s support of green infrastructure development, and the declining cost of energy storage technologies should drive the renewable energy industry’s...

Equinor (NYSE:EQNR) says it plans to spend 10B kroner (~$1.1B) with its partners to further develop the Oseberg field in the North Sea from being primarily an oil field to becoming a gas producer. The company says it has submitted an amended plan for development and operation to Norway's ener...

Royal Dutch Shell (RDS.A, RDS.B) says it signed a 15-year power purchase agreement for electricity from Dogger Bank, which will be located off the coast of northeast England and become the world's largest offshore wind farm; financial terms are not disclosed. The deal includes a 20% power sha...

Renewable energy stocks have had another strong year in 2021, but the gains haven't been as widespread as a year ago. Companies have needed to impress investors with strong growth and improving margins, which haven't always been easy in a supply-constrained environment. Three stocks...

Last week, I sold my first shares in ConocoPhillips, ever, since buying the company in the 1980s when it was still Phillips Petroleum. It was the first stock I ever bought. However, times change. So do management teams. COP is simply no longer the investment proposition it used to be....

Equinor (OSE: EQNR, NYSE: EQNR) announced on 27 July 2021 a dividend per share of USD 0.18 for second quarter 2021. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 12 November 2021,...