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The Norwegian energy giant has also launched a share buyback of up to $5 billion.
Read More »Equinor Announces Early Start-Up of Giant Oilfield
Plans Unveiled for New £50m Net Zero Solution Centre
It has received backing from major companies including BP. Equinor. Shell. Siemens. Total and Wood.
Read More »Industry Aims to Reduce Offshore Wind Market Barriers
The four-year project is backed by some of the world’s biggest energy companies.
Read More »China`s CNPC Suspends Venezuelan Oil Loading
CNPC will wait for more guidelines from the U.S. Treasury before further moves in dealing with Venezuelan oil.
Read More »First Oil Flows From Giant $7.7bn UK North Sea Development
The Mariner field is estimated to produce more than 300 million barrels of oil over the next 30 years.
Read More »Shell Profit Drops as Lower Oil Prices Offset Rising Production
Energy majors’ second-quarter results have been hit by lower oil and gas prices versus the same period a year ago.
Read More »BP`s Tankers Avoid Strait of Hormuz
The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.
Read More »North Sea Oil and Gas Projects Boosted by Farm-Out Deals
Two North Sea farm-out deals were announced today in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
Read More »New York ََََََAwards 1.7GW of Offshore Wind Contracts
They are expected to help create more than 1.600 new jobs.
Read More »Libya’s El Sharara Oilfield Shut Down since Friday
The field was pumping around 290.000 bpd prior to the shutdown.
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