EQNR News and Press, Equinor ASA From 06/13/22

TotalEnergies (NYSE:TTE) and its partners said they made a final investment decision on an $850M project offshore Angola as part of plans to phase 3 development of the CLOV complex located in Block 17. The company said phase 3 is an extension of the subsea production network and its interconn...

Norwegian oil companies and unions said on Sunday they agreed in principle to a new wage deal, averting a strike for now at nine fields that could have affected the country's petroleum production, Reuters reports. Two of the three unions that negotiated with oil firms will seek approval from ...

TotalEnergies' revenues came in at $68.61 billion (including the excise taxes) or $63.95 billion net, from the $43.73 billion generated in the year-ago quarter. Total hydrocarbon production during the first quarter of 2022 averaged 2,843K Boep/d, down slightly from 2,863K Boepd in the...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With prices on the move, investors would be wise to look to undervalued energy stocks. The recovery for oil has been robust and Brent currently trades at $120 per barrel. With the surge in energy prices, oil and gas explo...

Credit Suisse initiated coverage of the European oil names Thursday, with buy ratings on Shell (SHEL) and Total (TTE), and hold ratings on Equinor (EQNR) and BP (BP). At Shell (SHEL), analyst Amy Wong sees ~30% upside as the energy transition strategy is under appreciated by the market. Buy-r...

Cheniere Energy (NYSE:LNG) said Thursday that Equinor (EQNR) has agreed to purchase 1.75M metric tons/year of liquefied natural gas for 15 years, starting in H2 2026. Cheniere (LNG) said half of the volume is subject to making a positive final investment decision to build additional liquefact...

BP reported first-quarter adjusted earnings of $1.92 per American Depositary Share ("ADS") on a replacement cost basis beating analysts' expectations. The quarter's production was 2,252K Boep/d (not including Rosneft production of 750K Boep/d), up 1.5% compared to last year and down 3...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock market is in turmoil, and investors are gravitating toward less risky investments. Growth stocks, in particular, have been pulverized by the market. However, the best blue-chip stocks to buy are an attractive opti...

A list of companies covering some of the world's strongest economies in Scandinavia. Diversification can take place not only across sectors but also across geographies, with opportunities here across pharma, logistics, oil, heavy industry, telecom, 5G, insurance, vehicles, conglomerat...

Equinor is well positioned to benefit from the hydrocarbon supply disruptions stemming from Russia's invasion of Ukraine. With 2023 global natural gas futures trading at record levels, EQNR has a high degree of intermediate-term EPS growth visibility. Equinor continues to boost it...