While Equinor has scaled back its renewable energy target, it remains committed to reducing its carbon intensity and making ...

Equinor (OSE:EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 7.90 billion and USD 2.29 billion after tax in the fourth quarter of ...

“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 ...

Sir Keir Starmer is expected to back one of Britain’s biggest offshore oil field developments despite fierce opposition from ...

Equinor, renamed from Statoil in 2018, said on Wednesday that it was planning to increase production of fossil fuels and halve its spending on renewables, with chief executive Anders Opedal saying it ...

In 2024, Sverdrup accounted for about 54% of Aker BP's group production, which totaled 439kboe/d. Equinor has also revised its ambitions for the field, targeting a 75% reserves recovery rate, ...

French oil major TotalEnergies reported a 15% drop in fourth quarter earnings on Wednesday, closing out a year marked by low ...

South African petrochemical firm Sasol forecast a fall of up to 36% in half-yearly earnings on Wednesday, mainly due to a ...

Net zero and economic growth are not always compatible aspirations.

Carbon credit projects are gaining significant attention as businesses aim to reduce greenhouse gas (GHG) emissions while maintaining profitability. These projects offer a pathway for companies to ...

Milaha Offshore Marine was honoured with the OSJ Shipowner of the Year Award, sponsored by Opsealog, for its investments in ...

The Trump administration’s drive to derail offshore wind development claimed a victim Tuesday when the Bureau of Ocean Energy Management cancelled virtual public meetings on an environmental imp ...