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Norway’s largest oilfield hit by new outage
Norway’s largest oilfield Johan Sverdrup has been shut down for an undetermined period due to a power outage. A technical ...
Equinor Q4 profit beats forecast, raises 2030 oil output target
Equinor on Wednesday posted slightly higher-than-expected profits for the final quarter of 2024, while raising its oil and ...
Equinor slashes renewable energy goals due to market pressures and cost focus
While Equinor has scaled back its renewable energy target, it remains committed to reducing its carbon intensity and making ...
Nymex Overview: Oil Futures Recover as Trump Is Reported to Take Aim at Iran -- OPIS
Crude oil futures recovered from an early deep selloff on Tuesday on reports that President Trump intends to return to a "maximum pressure" campaign against Iran that includes stopping oil exports ...
Equinor's massive Sverdrup oilfield shut by power outage
Equinor's Johan Sverdrup oilfield in the North Sea has suffered a power outage that is estimated to last for some 8 hours, a ...
Aker BP shares rise on extended Johan Sverdrup production outlook
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, ...