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Equinor (NYSE:EQNR) said Monday it discovered oil and gas near the Troll and Fram fields in the North Sea, but shares trade sharply lower as Brent crude falls more than 4% to cap a nearly 15% drop during the past two weeks. Based on preliminary estimates, the size of the discovery is 4M-8M cm...
Orsted (OTCPK:DNNGY), the $50b European energy company best known for it's market-leading wind business, flagged a shortage in the niche wood pellet market Monday. In addition to operating the world's largest wind business, Orsted (OTCPK:DNNGY) manages nine power plants in Denmark. Of those, ...
Canada's federal government will formally approve the Equinor-led (EQNR +1.8%) Bay du Nord oil project after financial markets close on Wednesday, CBC News reports. The project would be Newfoundland and Labrador's fifth offshore oil field in production, starting as soon as early 2028; it is s...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As the chances of a recession keep climbing, the clock’s ticking when it comes to getting your portfolio ready to ride out the continued storms in the markets. Fortunately, it’s not too late to do so by cyclin...
Disturbing reports from Ukraine over the weekend prompted EU leaders to address the prospect of further Russian sanctions, including energy sanctions. France's Macron called for a ban on Russian oil and coal imports. While Germany's defense minister said Sunday that the EU must discuss bannin...
Thursday Morning it was reported that Putin will require payment for Russian gas in rubles, and that gas exports will be halted if ruble payments are not made. The Russian President has reportedly signed the order and the new gas trading rules will become effective April 1st; special ruble ac...
Energy trusts can be an excellent way to profit from rising energy prices because their income and distributions are directly linked to the price of crude oil and natural gas. VOC is able to pay its owners an impressive 10.37% yield based on the profits from its producing properties i...
"Unfriendly" countries are set to continue paying for Russian natural gas in Euros or Dollars under new proposal, according to Reuters sources. March 23rd, Putin demanded payment for Russian natural gas in rubles, a demand several European countries refused, creating concern that ...
Equinor has been working incredibly hard to transform itself into a renewable energy titan over the past few years. The company has been actively working to build an offshore wind business in both Europe and the United States. This business is expected to grow exponentially over t...
Update: Oil prices (CL1:COM) rallied from an intraday low of ~$99.50 to trade at ~$103.50 Tuesday afternoon, as US officials warned a reduction in forces around Kyiv represented a redeployment rather than a withdrawal of Russian forces, dimming hopes for a near-term peace deal. Oil prices (CL...
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2024-07-16 10:07:00 ET ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) are the two largest U.S.-based oil and natural gas companies. However, there are plenty of other dividend-paying energy companies to consider. Two that stand out today are Equinor (NYSE: EQNR) ...
2024-07-08 06:15:04 ET Pareto analyst issues HOLD recommendation for EQNR on July 8, 2024 04:56AM ET. EQNR was trading at $28.55 at issue of the analyst recommendation. The overall analyst consensus : HOLD. Current analyst recommendations are : 1 - Buy, 3 - Hold recommen...
2024-06-21 07:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...