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Equinor

Read all the latest news about Equinor. ShippingWatch gives you independent, credible, critical and fair news.

Climate agenda severely impacts Equinor's market value

While the oil price has surged by almost one-fifth since New Year's, the stock price of Norwegian oil major Equinor has dropped by 15 percent. According to business media, this is a consequence of investors moving away from oil.

Lundin counting down to Johan Sverdrup opening

Major North Sea oil player Lundin Petroleum is hit by increased expenses in its first half-year result, but looks forward to giant oil field Johan Sverdrup opening in a few months, according to its interim report.

Equinor makes oil discovery

Equinor discovers more oil in the Oseberg Vestflanken field. The discovery is a reservoir containing an estimated 22 million barrels of oil.

Equinor CEO sees great anxiety on the oil market

Oil company Equinor's chief executive, Eldar Sætre, eyes an oil market where trade disputes trigger large fluctuations in the oil price. The CEO is looking forward to the outcome of OPEC meeting, reports E24.

Equinor wins five UK licenses

Norwegian oil major Equinor won five UK shelf permits in the 31st licensing round – four as operator and one as partner.

Media: Offshore carriers ditch Equinor contracts

Equinor pays so little to offshore shipping companies that some of them prefer to have their ships berthed rather than working for the partially state-owned oil company, says the industry. The matter is now being addressed politically in Norway.

Equinor employees have lost confidence in safety authority

Oil major Equinor's employee union Safe calls for the Petroleum Safety Authority Norway's Director General, Anne Myhrvold, to step down when her term ends this spring, reports Dagens Næringsliv. The call comes after Norway's public auditor has criticized the authority.

Equinor presents biggest profit in four years

In part due to recent years' cost-cutting efforts, the company formerly known as Statoil has doubled its result. The cost focus will continue, says the CEO, who has reduced this year's expected capital expenditure by billions.

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