Equinor is scaling back its investments in renewable energy and focusing on boosting oil and gas production due to ...

Equinor also told investors at its capital markets update in London on Wednesday that it will reduce its overall investments ...

are seen as tests for the flagging British oil industry because of their size and because Shell and Equinor are two of Europe’s largest energy companies. Jackdaw was expected to begin producing ...

“We expect to deliver industry-leading return on average capital employed, above 15% all the way to 2030. Our oil and gas production outlook is increased to more than 10% growth from 2024 to 2027,” he ...

The judgement came after a case brought by environmental campaigners at the Court of Session in Edinburgh.

Operator Equinor has a stake of 33.3% in Snorre, while state oil firm Petoro holds 30%, Vaar Energi holds 18.5%, INPEX Idemitsu 9.6% and Wintershall DEA 8.6% according to Norwegian government data.

Shell and Equinor fought to uphold approval for the projects in the face of challenges by Greenpeace and Uplift, which argued the approvals unlawfully failed to take into account the emissions that ...