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  • Reuterslast month

    CERAWEEK-Not enough renewable projects around, Equinor boss tells politicians

    Norway's energy giant Equinor is struggling to find new renewables project to invest in, its chief executive said on Thursday, urging governments around the world to offer more opportunities. "There aren't enough projects," Eldar Saetre told Reuters in an interview at the CERAWeek by IHS Markit conference in Houston. Equinor, one of the world's largest oil and gas producers, is targeting rapid growth of its renewables business which today includes large offshore wind projects in Europe and the United States.

  • Barrons.com2 months ago

    Trade Trouble, Lifting Your Tax Refund, and More to Know About Stocks for Friday

    Tax refunds are up, a little, year over year and that is good news for consumer spending. But downbeat news on trade is the market’s focus.

  • Reuters2 months ago

    Equinor, 3 JVs vie for offshore wind power park in New York

    New York State said on Thursday it had received proposals from Norway's Equinor and three joint ventures to build its first offshore wind power park of at least 800-megawatt capacity. New York state closed bidding https://on.ny.gov/2E54m5q for the park on Thursday, a part of its push to increase renewable energy production, and will choose a supplier in the spring.

  • Reuters2 months ago

    UPDATE 3-Equinor, 3 JVs vie for offshore wind power park in New York

    New York State said on Thursday it had received proposals from Norway's Equinor and three joint ventures to build its first offshore wind power park of at least 800-megawatt capacity. The three joint ventures ...

  • Reuters3 months ago

    Equinor hit by earnings miss, soft 2019 production outlook

    OSLO/LONDON (Reuters) - Equinor on Wednesday reported a smaller-than-expected rise in fourth-quarter earnings and said output would be stagnant in 2019, sending the oil and gas company's shares down despite a dividend increase and a brighter long-term outlook. A fall in oil prices, higher exploration spending, plus lower fourth-quarter refinery and products trading margins affected Equinor's earnings negatively, the company said. Equinor expects production in 2019 to remain broadly unchanged from last year's record output, despite plans to start its Johan Sverdrup oilfield in the North Sea in November as planned, it added.

  • Reuters3 months ago

    Schlumberger wins contract to manage Equinor project -source

    Schlumberger signed a contract worth over $200 million with oil major Equinor to manage an offshore rig as part of a drilling program in Brazil's offshore Campos oil basin, a person familiar with the matter said on Thursday. The deal would be the first time an oil services company replaces a drilling-rig contractor, the person said, adding pressure to offshore drillers still reeling from an industry-wide contraction. "Schlumberger will provide the full scope of well construction services, drilling management services, and advanced digital technology solutions," according to a company document seen by Reuters ahead of its scheduled publication on Friday.

  • Associated Press4 months ago

    3rd firm confirms bid on New Jersey wind energy project

    ATLANTIC CITY, N.J. (AP) — A third firm has confirmed that it's interested in building a wind energy project off the New Jersey coast.

  • Quartz4 months ago

    Wind-farm plots off of Martha’s Vineyard fetched a stunning $405 million

    Nearly 400,000 acres of ocean between Nantucket and Martha’s Vineyard sold on Friday (Dec. 14) for the most money ever paid for wind-lease plots in the United States. The high prices are spurred by Massachusetts' commitment to buy more renewable energy as it ratchets up its pledge to cut emissions statewide. The leases sold to…

  • Reuters4 months ago

    Europeans sweep record U.S. offshore wind auction

    A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA. The Bureau of Ocean Energy Management (BOEM) announced the sale's three winners - Equinor Wind US LLC, Mayflower Wind Energy LLC, and Vineyard Wind LLC, at the conclusion of the two-day sale that attracted 11 bidders and lasted 32 rounds. Mayflower is a joint venture owned by Shell and EDP Renewables, a division of Portugal's EDP.

  • Reuters4 months ago

    U.S. offshore wind lease bids at $285 mln, will continue Friday

    A U.S. government auction for three wind leases off the coast of Massachusetts was on track to blow through a previous sale record on Thursday, with bids standing at combined $285 million after 24 rounds. The bidding, which took place over nine hours on Thursday, will continue on Friday morning, the U.S. Bureau of Ocean Energy Management said. The highly competitive lease sale will give the winner or winners the right to develop nearly 390,000 acres, divided into three leases near the Massachusetts islands of Martha's Vineyard and Nantucket and Rhode Island's Block Island.

  • Reuters4 months ago

    UK continental shelf still worth oil investment despite Brexit - Equinor

    Norwegian oil and gas firm Equinor (EQNR.OL) will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters. British Prime Minister Theresa May abruptly decided on Monday to pull a parliamentary vote on the Brexit deal, thrusting UK's divorce from the EU into chaos, with possible options including a disorderly Brexit with no deal. "We are putting more investments into the UK despite Brexit, the perception of North Sea as being very mature and dying and oil price gyrations," Al Cook, Equinor's executive vice president for strategy, told Reuters, speaking before the vote Brexit vote was postponed.

  • CNBC5 months ago

    Equinor's first solar plant starts commercial operation

    Norwegian energy company is starting to develop renewables.

  • Geospace Technologies Corp (GEOS) Q4 2018 Earnings Conference Call Transcript
    Motley Fool5 months ago

    Geospace Technologies Corp (GEOS) Q4 2018 Earnings Conference Call Transcript

    GEOS earnings call for the period ending September 30, 2018.

  • Is Equinor (EQNR) Stock Undervalued Right Now?
    Zacks5 months ago

    Is Equinor (EQNR) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • CNBC5 months ago

    Energy powerhouse Equinor buys minority stake in Scatec Solar

    Formerly known as Statoil, Equinor is headquartered in Stavanger, Norway, and develops oil, gas, wind and solar. Scatec Solar generates electricity from 357 megawatts of solar power plants. Norwegian energy firm Equinor has acquired more than 11 million shares in renewable energy business Scatec Solar.

  • The Zacks Analyst Blog Highlights: Eni, Equinor, Enterprise Products, Energen and Phillips 66
    Zacks5 months ago

    The Zacks Analyst Blog Highlights: Eni, Equinor, Enterprise Products, Energen and Phillips 66

    The Zacks Analyst Blog Highlights: Eni, Equinor, Enterprise Products, Energen and Phillips 66

  • Is Statoil ASA (EQNR) Stock Outpacing Its Oils-Energy Peers This Year?
    Zacks5 months ago

    Is Statoil ASA (EQNR) Stock Outpacing Its Oils-Energy Peers This Year?

    Is (EQNR) Outperforming Other Oils-Energy Stocks This Year?

  • Is Equinor (EQNR) a Great Value Stock Right Now?
    Zacks6 months ago

    Is Equinor (EQNR) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Statoil Sees Hammer Chart Pattern: Time to Buy?
    Zacks6 months ago

    Statoil Sees Hammer Chart Pattern: Time to Buy?

    Statoil has been struggling lately, but the selling pressure may be coming to an end soon.

  • The Zacks Analyst Blog Highlights: Equinor, Atkore, RH, Vishay and Eni
    Zacks6 months ago

    The Zacks Analyst Blog Highlights: Equinor, Atkore, RH, Vishay and Eni

    The Zacks Analyst Blog Highlights: Equinor, Atkore, RH, Vishay and Eni

  • The Zacks Analyst Blog Highlights: TOTAL, Royal Dutch, Equinor, BP and Exxon
    Zacks6 months ago

    The Zacks Analyst Blog Highlights: TOTAL, Royal Dutch, Equinor, BP and Exxon

    The Zacks Analyst Blog Highlights: TOTAL, Royal Dutch, Equinor, BP and Exxon

  • Equinor Clips Investments for Norwegian Project Developments
    Zacks6 months ago

    Equinor Clips Investments for Norwegian Project Developments

    Equinor (EQNR) reduces investment costs by around NOK 30 billion, in order to develop its Norwegian continental shelf projects.