Equinor Q1 profit rises more than expected
Equinor reported a stronger than expected rise in its first-quarter profit on Wednesday, boosted by a jump in European gas prices from the same period of last year.
Equinor Has A Top-Of-The-Line Profitability At Bottom-Of-The-Market Prices
Equinor's strong fundamentals and competitive advantage as Europe's primary gas supplier make it a top choice for integrated Oil & Gas stocks. The company smartly reinvests substantial O&G profits into green transition initiatives, aligning with Norway's renewable energy goals. Despite falling crude prices, Equinor remains undervalued with a low EV/EBITDA ratio and strong profitability metrics, making it a strong buy.
Equinor to Ramp Up Norwegian Energy Activity Through 2035
With NOK 142.6B spent and 85K jobs created in 2024, EQNR plans 250 new wells and 75 subsea projects on the Norwegian Continental Shelf by 2035.
Equinor's new Arctic oilfield to pay back $8 billion investment in under 2 years
Equinor's Johan Castberg oilfield in the Arctic Barents Sea began production on Monday after several delays, and is expected to repay its 86 billion Norwegian crown ($8.14 billion) price tag in less than two years, the company said.
Equinor Advances North Sea Exploration With Deepsea Atlantic
EQNR secures approval to drill the Lit prospect in the North Sea using Odfjell Drilling's Deepsea Atlantic rig, strengthening its offshore energy expansion.
Equinor Acquires 95 MW Wind Farm in Sweden to Boost Green Energy
EQNR strengthens its green energy push with the 95 MW Lyngsasa wind farm acquisition, increasing its renewable power generation in Sweden.
Equinor Lowers Green Targets by Citing Rising Costs & Delays
EQNR is lowering climate targets amid rising costs and policy shifts. While scaling back renewables, it remains committed to net zero by 2050.
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Norway's Equinor scales back climate ambitions as wind changes
Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities.
EQNR's Halten East Field Begins Production to Boost Norway Gas Exports
Equinor's Halten East development holds recoverable reserves of approximately 100 million barrels of oil equivalent per the discoveries.
Investor co-leading climate talks with Equinor calls time, sells out
One of the asset managers co-leading climate talks with Equinor on behalf of more than 600 investors said it has sold its stock because the oil major's board failed to align its strategy with the world's goal of limiting global warming.
Equinor Hires Deepsea Atlantic Rig to Drill 2 Wildcat Wells in PL 554
EQNR receives a drilling permit to drill two wildcat wells, 34/6-8 S and 34/6-8 A, in the Norwegian North Sea. The drilling activities are scheduled to start in April.
