Scottish judge Andrew Ericht has ruled Wednesday that the UK government acted "unlawfully" in approving the Rosebank oilfield and Jackdaw gas project, marking a significant victory for climate campaigners.The court found that the government failed to properly assess the climate damage...
Shell plc and Equinor ASA announced on Thursday that they decided to team up to create the largest independent oil and gas company in the United Kingdom.According to the statement, the two companies will combine their UK offshore oil and gas assets to establish a joint venture, based in...
Norwegian energy company Equinor ASA announced on Friday that it and its partners are investing $1.1 billion in the Troll gas field in the North Sea. The funds will go toward increasing production to maintain current export levels through 2030.
"The new infrastructure will accelerate production from...
Norwegian state oil company Equinor ASA announced on Tuesday that it had signed a long-term gas supply contract in a €50 billion deal with Germany's state-owned energy company SEFE (Securing Energy for Europe).
As part of the agreement, Equinor will supply Germany with 10 billion cubic meters...
The United Kingdom's North Sea Transition Authority authorized on Wednesday the development and oil production at the Rosebank oil field, northwest of the Shetland Islands. The regulator gave its consent to the Norwegian energy company Equinor ASA and the UK-based Ithaca Energy plc.
The field's...
Energy giant Equinor warned on Thursday that the prices of European gas could rebound to "very high" levels in the upcoming winter due to cold weather and the recovery of China's economic activity.
"Next winter can be very demanding if the weather is cold and China comes back after COVID,...
Chief Executive of Norway's Equinor Anders Opedal said on Friday that gas prices in Europe will remain high for years as a result of reduced deliveries from Russia due to the war in Ukraine and subsequent sanctions imposed by the European Union.
Opedal singled out the gas shortage in Europe as...
Norwegian energy company Equinor CEO Andres Opedal told the Financial Times on Tuesday, in an interview, that he would back the imposition of higher taxes on energy companies.
Opedal asserted that such a decision would be justified if it helps governments lower the costs for consumers and...
Norwegian company Equinor announced on Tuesday it is set to purchase US-based battery storage developer East Point Energy, after taking 100% of its shares.
East Point Energy has a 4.1-gigawatt pipeline "of early to mid-stage battery storage projects focused on the US East Coast," said Equinor. It...
Norway warned on Tuesday that gas supplies to the United Kingdom could be cut off this weekend, in case workers' strike escalates, pushing European gas prices to their highest levels in four months.
Norwegian pipeline operator Gassco told the Financial Times that "in the worst-case scenario,...
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