78 articles
Equinor announced recoverable gas volumes in the North Sea's Afrodite well are over twice previous estimates, totaling 77-180 million barrels of oil equivalent. The operator plans to explore subsea de
Equinor CEO warns Europe faces winter gas price spikes due to depleted storage and LNG competition amid cold weather risks. Storage levels remain at historic lows as global supply disruptions persist.
Equinor beat Q3 profit estimates with $3.53 billion income as Middle East conflicts boosted energy prices. The firm raised 2026 production growth guidance to 4% and plans $3 billion in annual stock bu
The UK government approved the Hawk gas field project to boost domestic energy supply by 6% amid high prices, operated by Shell and Equinor's Adura unit.
The UK approved the Jackdaw North Sea gas field, boosting domestic production by 6% to enhance energy security. Run by Shell and Equinor, the project begins supply soon alongside a new £2 billion Ener
Equinor and Eneco signed a five-year natural gas supply agreement starting October 2026, delivering 9 TWh annually from Norway. The deal includes verified environmental attributes, reducing lifecycle
Shell has acquired a 30% non-operating interest in Equinor's Bay du Nord offshore project in Canada, with total investment estimated at 14 billion CAD and production expected by 2031.
Equinor cancelled a compressor upgrade on Norway's Troll C field to maintain 2027-2028 output, adding 2.3 billion cubic meters of gas to Europe while raising CO2 emissions versus the original plan.
Equinor and partners identified the Grimsnes oil and gas discovery near Norway's Oseberg field, estimated at 19-50 million barrels. Development aims to utilize existing infrastructure with production
Energy firms are projected to account for over half of Europe's earnings growth driven by high refining margins amid geopolitical tensions. Major players like Shell and Equinor report record profits,
Tanzania nears finalizing a $42 billion LNG deal led by Equinor and Shell to unlock gas reserves for industrialization. The project aims to establish East Africa as an energy hub while attracting crit
Equinor and Eneco have signed a five-year agreement to deliver approximately 9 terawatt hours of natural gas annually starting October 1, including verified environmental attributes with a lower green
Shell acquires 30% stake in Equinor's Bay du Nord offshore oil project in Canada, advancing the project toward an investment decision targeted for early 2027.
Equinor announced a gas discovery at the Gullfaks South field in the North Sea, with estimated recoverable reserves of 3.3 to 10.3 million barrels of oil equivalent. These resources are expected to re
Brazil awarded over half its offered deep-water oil blocks to majors including Petrobras and Equinor, alongside independent PRIO SA. High premiums were recorded despite limited competition on some pre
Equinor raised the estimated cost of its Snohvit LNG plant upgrade to 26.5 billion kroner due to unforeseen challenges, though completion timelines remain unchanged. The project aims to extend operati
Equinor expects its downstream trading profit to exceed $400 million guidance in Q3, driven by strong European refining margins and LNG trading optimization, with full results due October 28.
Equinor plans to expand its LNG supply portfolio to 10–15 million metric tons annually by the early 2030s to meet European and Asian demand. The Norwegian producer is securing new contracts while dive
The UK government has postponed approval for the Shell and Equinor-backed Jackdaw gas field until after the October by-election, citing the need to consider environmental assessments and public repres
Equinor executives confirm Germany can secure sufficient natural gas imports for winter despite low storage levels, though high prices are anticipated due to geopolitical tensions impacting Qatari LNG
The UK government confirms North Sea oil and gas will remain vital for decades while the Jackdaw field approval decision awaits final determination. Operated by Shell and Equinor, the project aims to
Equinor and ORLEN signed a three-year crude oil supply agreement delivering 5 to 9 million tons annually starting in September. This deal supports Central Europe's energy diversification by covering u
Equinor states that Middle East disruptions make its stalled Tanzania LNG project more viable as an alternative supply source. The company also plans exploration drilling in Namibia later this year.
Equinor, Aker BP, and Vaar Energi plan to cooperate on oil and gas exploration in Norway's frontier areas to combine expertise and sustain value creation beyond 2035.
Germany's Uniper reports filling 70% of contracted natural gas storage despite low economic incentives and geopolitical risks. CEO Michael Lewis noted ongoing purchases and a new supply agreement with
Equinor and Aker BP discovered gas in the Linga prospect northwest of the Balder field, with recoverable estimates between 0.1 and 2.1 million standard cubic metres of oil equivalent.
Germany's Uniper signed a 15-year deal with Norway's Equinor to import over 30 terawatt hours of natural gas annually starting in 2027, strengthening Norway's position as Europe's primary energy suppl
Norway's government appeals a lower court ruling invalidating three oilfield permits over climate concerns, aiming to maintain production at Equinor and Aker BP sites. The outcome impacts Norway's sta
Equinor acquires a 17.4% stake in Chevron's Namibia exploration license 90, joining major energy firms targeting the Orange Basin. This partnership supports Equinor's international expansion and oil o
Equinor acquired a 17.4% stake in Chevron's Namibia petroleum exploration licence (PEL 90), marking its entry into the Orange Basin offshore market with drilling scheduled for 2026.
ChemBrief