The former, unfortunately, badly missed on the bottom line. Equinor, which reports in U.S. dollars, saw its fourth-quarter revenue dip by 5% year over year to $27.65 billion. Non-GAAP (adjusted ...

Equinor is reducing its renewable energy targets for 2030, citing challenges in the renewable energy sector. The company is increasing its focus on oil and gas production, aiming to grow output by ...

LONDON, Feb 5 (Reuters) - Norway's Equinor (EQNR.OL), opens new tab is reducing its ambitions for developing renewable energy capacity by 2030, it said on Wednesday, the latest move by a European ...

Equinor is reducing its investments in renewables to boost returns for shareholders and adapt to an uneven energy transition, the Norwegian energy major said on Wednesday, becoming the latest ...

Investors were hardly energetic about Norwegian energy company Equinor (NYSE: EQNR) on Wednesday. They traded out of the stock to the point where it lost more than 5% of its value. The sell-off ...

STAVANGER NORWAY, Norway — STAVANGER NORWAY, Norway — Equinor ASA (EQNR) on Wednesday reported fourth-quarter net income of $2 billion. The Stavanger Norway, Norway-based company said it had ...

Equinor (EQNR, Financials) reported adjusted operating income of $7.90 billion for the fourth quarter of 2024, with net operating income reaching $8.74 billion. Along with a $0.37 per share ...

Under its new targets, Equinor plans to produce 2.2mn barrels of oil equivalent a day by 2030 © Carina Johansen/Bloomberg Equinor scales back renewables push 7 years ...

Equinor had strong operational performance and stable production levels in the fourth quarter. The total equity production was 2,072 mboe per day, down from 2,197 mboe in the same quarter last year.

Equinor will seek to “fast-forward” the remaining approval process to get its Rosebank development offshore the UK approved by regulators and government, as the Norwegian major’s top ...

President and CEO of Equinor ASA: “Equinor is well positioned for further growth and competitive shareholder returns. We expect to deliver industry-leading return on average capital employed ...

Norwegian energy giant Equinor has delivered fourth-quarter 2024 financial results in line with expectations and expects to generate even stronger cash flow and growth on the back of 10% increased ...