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Equinor

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Reuters - vor 1 Tag

GE Vernova blames latest offshore wind blade failure on high winds, shares rise

UPDATE 2-GE Vernova blames latest offshore wind blade failure on high winds, shares rise GE Vernova reports unrelated turbine blade failures Latest blade accident blamed on strong winds during storm Three blade accidents in 4 months raise concerns for GE Vernova Adds details on storm damage, analyst comment, share activity throughout; adds bullet headlines Aug 30 (Reuters) - Energy equipment maker GE Vernova GEV.N on Friday said recent turbine blade failures at two offshore wind farms in the Uni
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Reuters - vor 1 Tag

Equinor To Downsize Renewables Unit, Begins Talks With Unions- Bloomberg News

BRIEF-Equinor To Downsize Renewables Unit, Begins Talks With Unions- Bloomberg News Aug 30 (Reuters) - EQUINOR TO DOWNSIZE RENEWABLES UNIT, BEGINS TALKS WITH UNIONS- BLOOMBERG NEWS Source text: https://tinyurl.com/2y2ax3tn Further company coverage: EQNR.OL
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Reuters - vor 2 Tagen

Power Up: Oil and  gas get a dose of the Blahs 

Power Up: Oil and  gas get a dose of the Blahs  Power Up is published on Mondays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here . Aug 29 - By Gavin Maguire, Global Energy Transition Columnist Hello Power Up readers! Both crude oil and natural gas markets continue to languish near recent lows, underwhelmed by demand while facing abundant supplies in the U.S., China and other key markets.
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Reuters - vor 3 Tagen

MS forecasts softer European oil & gas markets, favours Eni over peers

BUZZ-MS forecasts softer European oil & gas markets, favours Eni over peers ** Morgan Stanley forecasts a softer outlook for the European energy sector, favouring Eni ENI.MI , while expressing concern for Equinor EQNR.OL and Galp Energia GALP.LS , both downgraded to 'underweight' ** The broker sees downside risks due to weakening oil and gas market
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Reuters - vor 3 Tagen

Bank of Georgia, Tracsis, Victrex

EUROPE RESEARCH ROUNDUP- Bank of Georgia, Tracsis, Victrex Aug 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bank of Georgia, Tracsis and Victrex, on Thursday. HIGHLIGHTS * Bank of Georgia BGEO.L : Peel Hunt raises target price to 6,200p from 6,000p * Close Brothers Group Plc CBRO.L : RBC raises to outperform from sector perform * Rathbones Group RAT.L : RBC raises target price to 1,950p from 1,850p * Tracsis Plc TRCS.L : Bere
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Reuters - vor 3 Tagen

North Sea Crude-Ekofisk dips, schedules emerge

North Sea Crude-Ekofisk dips, schedules emerge LONDON, Aug 28 (Reuters) - North Sea Ekofisk and U.S. WTI Midland dipped lower on Wednesday, while October loading programmes for North Sea benchmark grades started to surface. LOADINGS * Traders digested October loading programmes for Oseberg and Troll on Wednesday. * The grades will load three and four cargoes respectively in October, the programmes showed.
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Reuters - vor 3 Tagen

Equinor scraps Spain, Portugal offshore wind plans as costs rise

Equinor scraps Spain, Portugal offshore wind plans as costs rise By Nora Buli STAVANGER, Norway, Aug 28 (Reuters) - Norwegian energy company Equinor EQNR.OL has cancelled its offshore-wind projects in Spain and Portugal, in addition to its previously announced exit from Vietnam , and could withdraw from more countries to rein in spending, an executive told Reuters on Wednesday.
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Reuters - vor 4 Tagen

Equinor may reconsider investing in UK oil sector if taxes rise

UPDATE 1-Equinor may reconsider investing in UK oil sector if taxes rise Company is working with partner Ithaca to develop Rosebank field Labour has said it will hike windfall tax by 3 percentage points Adds detail in paragraphs 5-6, quotes in paragraphs 7-9, context in paragraphs 10-14 By Nerijus Adomaitis STAVANGER, Norway, Aug 28 (Reuters) - Norway's Equinor EQNR.OL may reconsider investing in oil and gas in Britain if the Labour government changes the industry's tax regime, a top company exe
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Reuters - vor 4 Tagen

Equinor may reconsider investing in the UK oil sector if tax regimes changes

Equinor may reconsider investing in the UK oil sector if tax regimes changes By Nerijus Adomaitis STAVANGER, Norway, Aug 28 (Reuters) - Norway's Equinor EQNR.OL may reconsider investing in oil and gas in Britain if the Labour government changes the industry's fiscal regime, a top company executive told Reuters. Equinor's head of international operations said it may not be as attractive to invest in the British oil and gas sector if taxation of oil companies changes, as is expected.
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Reuters - vor 4 Tagen

North Sea Crude-Oseberg, WTI weaken

North Sea Crude-Oseberg, WTI weaken LONDON, Aug 27 (Reuters) - North Sea Oseberg and U.S. WTI crude differentials eased on Tuesday although levels remained elevated due to tight physical supply. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP). * Oseberg: Total bought from Equinor Sept.
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Reuters - vor 4 Tagen

NORWAY PIPELINE GAS EXPORT TO EUROPE UP 10% ON THE JULY, CEO OF GASSCO SAYS

Norway piped gas volume could rival historic high this year, Gassco says Norway is Europe's biggest gas supplier Pipeline gas exports up 10% year-on-year so far Maintenance ahead of winter will be closely watched By Nora Buli STAVANGER, Norway, Aug 27 (Reuters) - Norwegian pipeline gas exports to Europe could approach a 2017 historic record this year , after rising 10% so far in 2024 following a decline in 2023, the head of system operator Gassco told Reuters on Tuesday.
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Reuters - vor 4 Tagen

Equinor Strengthens Emergency Preparedness In Barents Sea

BRIEF-Equinor Strengthens Emergency Preparedness In Barents Sea Aug 27 (Reuters) - Equinor ASA EQNR.OL : WILL ESTABLISH AND OPERATE A NEW AREA-WIDE EMERGENCY PREPAREDNESS SOLUTION FOR THE SOUTHWESTERN BARENTS SEA THIS IS A COLLABORATION WITH VÅR ENERGI Source text for Eikon: [ID:] Further company coverage: EQNR.OL (Gdansk Newsroom)
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Reuters - vor 5 Tagen

Prices rise amid geopolitical concerns, cooler weather forecasts

EUROPE GAS-Prices rise amid geopolitical concerns, cooler weather forecasts LONDON, Aug 27 (Reuters) - Dutch and British wholesale gas prices rose on Tuesday on geopolitical concerns and forecasts for lower temperatures but strong storage inventories helped limit the upside. The benchmark front-month contract at the Dutch TTF hub TRNLTTFMc1 was up 1.23 euro at 38.26 euros ($42.74) per megawatt hour (MWh), or 12.54 $/mmBtu, by 0906 GMT, according to LSEG data.
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Reuters - vor 5 Tagen

Equinor's Castberg oilfield seen reaching full output in H1 2025

UPDATE 2-Equinor's Castberg oilfield seen reaching full output in H1 2025 Adds Equinor comment on additional field development plans in paragraphs 5-9 By Nerijus Adomaitis STAVANGER, Norway, Aug 27 (Reuters) - Equinor's EQNR.OL Arctic Johan Castberg oilfield is expected to reach full production of some 220,000 barrels per day in the first half of 2025, a senior company official said on Tuesday.
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Reuters - vor 5 Tagen

Equinor's Castberg oilfield seen reaching full output in H1 2025

CORRECTED-Equinor's Castberg oilfield seen reaching full output in H1 2025 Corrects day in 1st paragraph to Tuesday, not Monday STAVANGER, Norway, Aug 27 (Reuters) - Equinor's EQNR.OL Arctic Johan Castberg oilfield is expected to reach full production of some 220,000 barrels per day (bpd) in the first half of 2025, a senior company official said on Tuesday.
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Reuters - vor 5 Tagen

Security services say Norway energy industry faces Russia threats

Security services say Norway energy industry faces Russia threats Security services from seven countries briefed Norwegian energy executives Germany's Sinan Selen sees espionage and sabotage threats from Russia Norwegian intelligence warns of potential sabotage against petroleum sector By Nora Buli and Nerijus Adomaitis STAVANGER, Norway, Aug 26 (Reuters) - Security services from seven European countries on Monday briefed Norwegian energy executives and officials, including from Equinor EQNR.OL
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Reuters - vor 5 Tagen

Power Up: More offshore wind woes 

Power Up: More offshore wind woes  Power Up is published on Mondays and Thursdays. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here . Aug 26 - By Liz Hampton U.S. Energy Markets Editor Hello Power Up readers!  Oil prices are up about 3% today on reports of a near total production halt in Libya.
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Reuters - vor 6 Tagen

Middle East Crude-Dubai benchmark eases; two Upper Zakum deliveries emerge

Middle East Crude-Dubai benchmark eases; two Upper Zakum deliveries emerge SINGAPORE, Aug 26 (Reuters) - Middle East crude benchmark Dubai retreated after hitting a month's high last week, while two more Upper Zakum cargo deliveries emerged on Monday. However, IFAD Murban's premium to Dubai quotes continued to extend its climb, edging up to $1.65 a barrel on Monday.
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Reuters - vor 6 Tagen

Asia Fuel Oil-VLSFO pares gains as spot offers ease

Asia Fuel Oil-VLSFO pares gains as spot offers ease SINGAPORE, Aug 26 (Reuters) - Singapore's cash premium for very low sulphur fuel oil (VLSFO) softened on Monday after rallying to an eight-month high last week, with spot offers easing for September loading dates. The premium was pegged lower at $11.75 per metric ton, though market backwardation continued to widen from the previous session.
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Reuters - vor 6 Tagen

World's first ammonia-fuelled PSV ship to operate in 2026, says Wartsila

World's first ammonia-fuelled PSV ship to operate in 2026, says Wartsila Aug 26 (Reuters) - Finland-based engine manufacturer Wartsila WRT1V.HE has signed a contract with Norwegian shipowner Eidesvik to make one of its platform supply vessels (PSV) capable of running on ammonia fuel, the company said in a statement on Monday. The Viking Energy will be the world's first ammonia-fuelled in-service PSV, said Wartsila, which will be supplying the equipment necessary to convert the vessel.
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