EQNR News and Press, Equinor ASA From 06/29/22

Equinor ( NYSE: EQNR ) and Belgian energy infrastructure firm Fluxys unveiled plans Wednesday to build a 620-mile pipeline to transport carbon dioxide captured on the European continent for storage underneath the North Sea. The companies said the project, which is in the...

No part of the "Four-Point Plan" is within the President's control, and three items are completely beyond the federal government's control. Implementation of the entire plan would not increase the supply of oil at all and would take years to add refining capacity. Notwithstanding ...

Equinor (NYSE:EQNR) and SSE (OTCPK:SSEZY) said on Tuesday they have teamed up to buy Triton Power Holdings from Energy Capital Partners for £341M (~$419M), to be shared equally between the two companies, and plan to use the site to develop low-carbon projects. Triton's three U.K. electri...

The global pipeline for offshore wind almost doubled last year to 846GW; Ørsted is the world’s largest offshore wind developer. Due to the Russian invasion, Ørsted believes 30GW additional European offshore wind is possible by 2030 (60GW by 2035), but it will require ...

Equinor (NYSE:EQNR) said on Wednesday it submitted a funding bid with its partner, the University of Sheffield's Advanced Manufacturing Research Centre, to build a second low-carbon hydrogen production facility in northeast England, S&P Global Platts reports. The H2H Production 2 pro...

Chevron's stock price and level of investor optimism likely peaked in early June. A recession in energy demand and a windfall income tax levied by Uncle Sam could crater the stock later in the year. I have a 12-month price target of $110 to $120, as crude oil and natural gas suppl...

Norwegian oil (USO) production volumes came in a 1.62mb/d in May, versus a forecast from the Norwegian Petroleum Directorate for 1.66mb/d, marking the fifth month in 2022 that results have missed targets. Oil volumes were down 2.6% MoM, and 2.5% YoY. Gas volumes (UNG) exceeded targets by...

Equinor is very well positioned for high European natural gas prices. Equinor is partly Norwegian state-owned. This has led it to be less aggressive with its capital return program than many of its peers. Priced at just 2x free cash flow, I make the argument that this negativ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Shutterstock Energy stocks are in the red currently on an otherwise pleasant day in the markets. There isn’t one clear driver behind today’s energy slump. Likely, fears of a recession, compounded b...

Equinor (NYSE:EQNR) said Friday that with partners Petoro, TotalEnergies (NYSE:TTE), Shell (SHEL) and ConocoPhillips (COP), it is studying options for building a floating offshore wind farm in the North Sea's Troll area off Norway. The companies are considering a wind farm with an installed c...