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Equinor Newsroom
After months of procrastination, eni spa (E.US) and Equinor ASA (EQNR.US) have received approval for the sale of assets in Nigeria.
The Nigerian regulatory agency has approved the sale plan of Eni SPA and the Norwegian National Oil Company. The transaction between the two companies had been delayed for several months due to the oil giant's continued withdrawal from onshore business in this West African country.
Market concerns are being triggered by the poor implementation of production cuts. OPEC+ urges member countries to make up for quota cheating.
In the effort to support the global oil market, OPEC+ is pushing member countries to make up for cheating on supply quotas. However, there is little indication that they are changing.
Eni, Equinor Deals in Nigeria Approved After Months of Delay
Saudi Arabia's non-oil PMI index in June hit a new two-year low, while the UAE hit a new 16-month low.
1. In Saudi Arabia, the non-oil private sector PMI index fell to 55.0 in June, the lowest level since January 2022; 2. In the UAE, the growth of non-oil private sector has slowed to a 16-month low.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0112 GMT - AGL Energy should continue to benefit from higher pow
Schlumberger's OneSubsea Wins Green Production System Deal For TotalEnergies' Angola Project
Schlumberger Limited (NYSE:SLB) disclosed that its OneSubsea joint venture won a contract from TotalEnergies SE (NYSE:TTE) for a Subsea Production System.As per the terms, SLB OneSubsea and TotalEnerg
Nippon Steel, Sumitomo Renew Long-term Contract With Equinor to Supply Pipes
Don't ignore the situation in the Middle East! Analysts warn that oil prices may break through the $90 mark.
Dao Ming Securities pointed out that the tension in the Middle East "has been proven to be the main driving force behind the recent rise in oil prices", but…
Equinor's Capital Reduction Takes Effect
Equinor (EQNR.OL) said its capital reduction took effect on Tuesday, leaving it with a share capital of 6.98 billion Norwegian kroner divided into 2,792,781,230 shares. The Norwegian energy company so
Equinor ASA Continues Share Buy-Back Program
Equinor ASA Completes Share Capital Reduction
Equinor (EQNR) Extends North Sea Contract With Archer for 24 Months
Oil Prices Rise as Traders Continue to Bet on Market Tightening
0800 GMT - Oil prices rise after closing higher for the third consecutive week on Friday. Brent crude is up 0.7% to $85.59 a barrel, while WTI trades 0.8% higher to $82.17 a barrel. Expectations for a
The Wealthiest Person in Norway
Crude oil product closed unexpectedly high due to price constraints caused by unexpected increase in US oil inventories and worries of supply interruptions in the Middle East.
On Thursday (June 27th), due to increasing geopolitical tensions in the Middle East and Europe, the market is concerned about a possible global crude oil supply disruption. Meanwhile, unexpected increases in crude oil and RBOB gasoline inventories in the US put upward pressure on prices, and crude oil futures rose at the close on Thursday.
Schlumberger Lands Electric Subsea Project With Equinor In Norway: Details
Schlumberger Limited (NYSE:SLB) and Equinor ASA (NYSE:EQNR) shares are trading higher today after Schlumberger won a contract from Equinor for the Subsea Production Systems (SPS) project in offshore N
European Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading
European equities traded in the US as American depositary receipts were higher late Thursday morning, rising 0.27% to 1,423.98 on the S&P Europe Select ADR Index. From continental Europe, the gainers
Express News | SLB: Contract From Equinor for Feed of 12-Well, All-Electric SPS Project in Fram Sør Field, Offshore Norway
Express News | SLB Onesubsea Awarded Contract by Equinor for Groundbreaking All-Electric Subsea Project
Crude Oil Prices Stabilize Even as U.S. Inventory Build Exceeds Expectations, ANZ Bank Says
Crude oil prices were little changed despite a stronger-than-expected build in U.S. crude oil inventories, ANZ Bank said in a Thursday note. U.S. crude stockpiles rose by 3.6 million barrels last week