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Equinor


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Equinor, Dominion win US Central Atlantic offshore wind auction

UPDATE 2-Equinor, Dominion win US Central Atlantic offshore wind auction Adds number of participants in auction, statements from Equinor and Dominion in paragraphs 5-8, 10 Aug 14 (Reuters) - Norway's Equinor EQNR.OL and U.S. power company Dominion D.N were the winning bidders in a U.S. government offshore wind auction of two areas off the coasts of Delaware, Maryland and Virginia, the U.S.
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Equinor Wins Offshore Wind Lease In US Central Atlantic Auction

BRIEF-Equinor Wins Offshore Wind Lease In US Central Atlantic Auction Aug 14 (Reuters) - Equinor ASA EQNR.OL : EQUINOR WINS OFFSHORE WIND LEASE IN U.S. CENTRAL ATLANTIC AUCTION SAYS ABOUT 2 GIGAWATT (GW) LEASE WILL HAVE THE CAPACITY TO PRODUCE ENOUGH ENERGY TO POWER APPROXIMATELY 900,000 U.S. HOMES SAYS EQUINOR SECURED ONE OF TWO FIXED-BOTTOM LEASE AREAS IN THE BUREAU OF OCEAN ENERGY MANAGEMENT’S AUCTION WITH A BID OF $75 MILLION FOR 101,443 ACRES IN THE ATLANTIC OCEAN.
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Equinor, Dominion are winners in US Central Atlantic offshore wind auction

Equinor, Dominion are winners in US Central Atlantic offshore wind auction Aug 14 (Reuters) - A U.S. government sale of offshore wind development rights for two areas off the coasts of Delaware, Maryland and Virginia yielded nearly $93 million in winning bids, the Interior Department said on Wednesday. The winning bidders were Norway's Equinor and Virginia Electric and Power Co, a division of U.S.
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Europe Gasoline/Naphtha-Gasoline margins rise on US inventory drop

Europe Gasoline/Naphtha-Gasoline margins rise on US inventory drop LONDON, Aug 14 (Reuters) - Northwest European gasoline refining margins rose slightly to about $13.40 a barrel on Wednesday, as trading activity picked up and as U.S. inventories of the motor fuel fell by more than expected. Around 13,000 metric tons of Eurobob E10 barges traded on barges in the Argus window on Wednesday, with Gunvor, Sahara and Trafigura selling to Mabanaft, Musket, Vanraak, Varo, Equinor.
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UK approval for gas-fired power station was lawful, court rules

UPDATE 2-UK approval for gas-fired power station was lawful, court rules Adds BP comment in final paragraph LONDON, Aug 14 (Reuters) - Britain's approval of a new gas-fired power station backed by BP BP.L was lawful, London's High Court ruled on Wednesday, dismissing a legal challenge over the project. Climate campaigner Andrew Boswell had taken legal action over the decision to build the power station with carbon capture and storage in Teesside, northeast England.
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UK's approval for new gas-fired power station was lawful, London court rules

UK's approval for new gas-fired power station was lawful, London court rules LONDON, Aug 14 (Reuters) - Britain's approval of a new BP-backed gas-fired power station was lawful, London's High Court ruled on Wednesday, dismissing a legal challenge over the project. Climate campaigner Andrew Boswell took legal action over the decision to build the power station with carbon capture and storage in Teesside, in northeast England – which is part of a joint venture between BP BP.L and Equinor EQNR.OL
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North Sea Crude-Forties continue rise after sale

North Sea Crude-Forties continue rise after sale LONDON, Aug 8 (Reuters) - North Sea Forties crude differentials rose again on Thursday in the grade's third straight day of sales as Shell sold to Unipec. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP). * WTI Midland: Chevron sold to Vitol Aug.
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Europe Gasoline/Naphtha-Gasoline margins rise as ARA stocks fall

Europe Gasoline/Naphtha-Gasoline margins rise as ARA stocks fall LONDON, Aug 8 (Reuters) - Northwest European gasoline refining margins rose by around 20 cents to $13.23 a barrel on Thursday supported by a drop in regional stocks. Three Eurobob E10 barges traded in the Argus window, with Sahara and Musket selling to Equinor and BP. Five barges of Eurobob E5 traded in the Argus window.
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Top of the Street: Evotec, Engie, Equinor

BUZZ-Top of the Street: Evotec, Engie, Equinor A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Deutsche Bank cuts Evotec EVTG.DE to "sell" from "hold" citing the company's profit warning issued on Tuesday, which it says implies consensus downgrades ** UBS upgrades Equinor EQNR.OL to "neutral" from "sell" seeing less risk for the Norwegian energy company as gas prices rebound in Europe INITIATIONS AND REINSTATEMENTS ** Jefferies initiates coverage of Engi
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UBS ups Equinor, says gas prices reduce near-term risks

BUZZ-UBS ups Equinor, says gas prices reduce near-term risks ** UBS upgrades Equinor to "neutral" from "sell", saying that better-than-expected European gas prices resilience reduces near-term risks for the Norwegian energy company ** The stock is up 2% as of 1054 GMT ** The broker says Equinor's 10% fall in the past month, caused by oil price weak
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Libya's National Oil Corporation declares force majeure in Sharara oilfield

UPDATE 1-Libya's National Oil Corporation declares force majeure in Sharara oilfield Adds comments from NOC statement and background throughout Aug 7 (Reuters) - Libya's National Oil Corporation (NOC) has declared force majeure in its Sharara oilfield from August 7, a statement from NOC said on Wednesday. The NOC said that the current circumstances at the Sharara oilfield, which has a capacity of 300,000 barrels per day, prevented the company "from carrying out the crude oil loading operations."
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Equinor exits Suriname, further concentrating company's oil portfolio

UPDATE 1-Equinor exits Suriname, further concentrating company's oil portfolio Recasts with Exxon Mobil comments, adds details on transfer of stakes to Hess, paragraphs 1 and 4-5 By Nerijus Adomaitis and Sabrina Valle OSLO, Aug 7 (Reuters) - Equinor EQNR.OL and Exxon Mobil Corp XOM.N said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp HES.N , with the Norwegian oil producer exiting the South American country.
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North Sea Crude-Forties rebounds as buyers reappear

North Sea Crude-Forties rebounds as buyers reappear LONDON, Aug 7 (Reuters) - North Sea Forties crude differentials rebounded on Wednesday as buying interest re-emerged in the trading window after sustained selling on Tuesday. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Equinor exits Suriname, further concentrating company's oil portfolio

Equinor exits Suriname, further concentrating company's oil portfolio OSLO, Aug 7 (Reuters) - Equinor EQNR.OL has withdrawn from a Hess-operated HES.N deepwater oil and gas exploration block off Suriname and exited the South American country, a spokesperson for the Norwegian company said on Wednesday. The exit aligns with Equinor's strategy to focus on producing oil and gas in a few core areas , such as Norway, the U.S.
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Oil production is reduced in Libya's Sharara field production, NOC says

UPDATE 1- Oil production is reduced in Libya's Sharara field production, NOC says Adds background, oil production at the field reaching 200,000 barrels on Tuesday Aug 6 (Reuters) - Libya's National Oil Corporation (NOC) said on Tuesday that it is gradually reducing production from the Sharara field, one of Libya's largest oil fields, citing force majeure due to protests in the area.
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Libya's Sharara oilfield output down 60,000 bpd - sources

UPDATE 2-Libya's Sharara oilfield output down 60,000 bpd - sources Recasts with sources on output cuts, video of protesters in paragraph 6 Aug 5 (Reuters) - Oil production at Libya's Sharara field, one of the country's largest production areas has been reduced by 60,000 barrels a day, or about 20% of its capacity, due to ongoing protests in the area, two field engineers said on Monday.
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North Sea Crude-WTI Midland edges lower

North Sea Crude-WTI Midland edges lower LONDON, Aug 2 (Reuters) - U.S. WTI Midland crude differentials edged lower on Friday following a trade below previous bid levels, as differentials for North Sea grades held steady. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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North Sea Crude-WTI Midland edge up on higher bid

North Sea Crude-WTI Midland edge up on higher bid LONDON, Aug 1 (Reuters) - U.S. WTI Midland crude differentials edged up again on Thursday after a higher bid compared to sales in the previous session emerged. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Standard Lithium names David Park as CEO

Standard Lithium names David Park as CEO Aug 1 (Reuters) - Canadian miner Standard Lithium SLI.V on Thursday named David Park as its new chief executive officer, effective Sept. 1, succeeding longtime CEO Robert Mintak. The incoming CEO has served as a strategic advisor for Standard Lithium over the past year and helped the lithium miner secure an investment from Equinor ASA EQNR.OL in projects located in Southwest Arkansas and East Texas.
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North Sea Crude-WTI Midland rises slightly

North Sea Crude-WTI Midland rises slightly LONDON, July 31 (Reuters) - U.S. WTI Midland crude differentials edged up on Wednesday after two deals, while North Sea grades were steady after a lack of pricing indications. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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