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The Latest Breaking News from Equinor

Humber carbon capture power station given go-ahead in UK first for Net Zero technology

Keadby Three from SSE Thermal and Equinor is awarded development consent order

Birmingham Post

1st US floating offshore wind auction nets $757M off Calif

The first-ever U.S. auction of leases to develop commercial-scale floating wind farms in the deep waters off the West Coast raised $757 million in bids, from mostly European companies

The Independent UK

Green light for offshore wind collaboration

The Foreign Investment Review Board (FIRB) has granted approval for Norwegian energy company Equinor to invest in Oceanex's NSW offshore wind project entities.

Newcastle Herald

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Campaigners call for end to fossil fuel subsidy as windfall tax increases

THE UK Government’s move to increase the windfall tax on oil and gas companies "makes little difference" when it comes to…

The National (Scotland)

Norway halts new oil field in Arctic – could Rosebank be next to be scrapped?

NORWEGIAN state-owned energy company Equinor has announced it is postponing an investment decision on a new oil field in the Arctic.

The National (Scotland)

Sturgeon urged to reject Rosebank oil field plan at COP27

Activist calls on First Minister to make similar statements to those against the Cambo site last year

Insider UK

UK's bulk-buy gas deal with Norway breaks down with winter electricity blackout worries

The 20-year, multi-billion pound deal with gas firm Equinor would have met Britain's energy needs against the risk of shortages over the winter months

Daily Mirror

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Centrica and Equinor sign agreement for East Yorkshire hydrogen hub

The energy giants have joined forces to explore low-carbon hydrogen production

Birmingham Post

Equinor Stock, Earthstone Energy Enter IBD's Most Exacting Watchlist

Equinor stock and Earthstone Energy are new names on IBD Sector Leaders, our most exacting screen.

Investors Business Daily

Britain faces £100m loss over drilling at biggest new oil field, says research

Norwegian firm wants to develop Rosebank field in North Sea but Sunak’s tax break for fossil fuel producers could cost UK dear

The Guardian - UK

Victoria blows investment dollars to the Hunter

The Victorian government's plan to create a state-owned power industry could be a windfall for private investment in regions such as the Hunter, the head of offshore wind company Oceanex believes.

Newcastle Herald

North East energy sector players come together at 'pivotal moment' for the sector

The transition to low carbon energy generation was discussed at a meeting of key companies such as bp, Equinor and GE

Birmingham Post

Tyneside offshore specialist TechnipFMC seals deal worth more than £60m

The group's Newcastle and Houston firms have won an engineering, procurement, construction and installation contract with Shell

Birmingham Post

£15b project pipeline should make the Humber region the world's beacon for Net Zero industry

Appetite whet for projects close to fruition and illuminated in a powerful prospectus to be unveiled at imminent launch

Birmingham Post

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Reuters

Norway inspects subsea gas pipeline after Nord Stream blasts

Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.

Irish Mirror

Irish arm of Norway-owned energy firm Equinor Energy had nearly €290m profit in 2021 - and paid no corporation tax

The pre-tax profit of €289.8m follows pre-tax losses of €138.9m in 2020 - a positive swing of €428.72m

AFP

Major energy supplier Norway ups security amid sabotage talk

Oslo (AFP) - After worrying drone reports and the "sabotage" of Nord Stream's Baltic Sea pipelines, Europe's biggest gas supplier Norway is beefing up security at its energy installations, which experts have singled out as vulnerable targets.

Birmingham Post

Hydrogen, carbon capture and offshore wind - all Humber infrastructure Chancellor aims to accelerate

Northern Powerhouse Rail and road improvements also flagged for the region

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The Independent UK

Biden plans floating platforms to expand offshore wind power

The Biden administration hopes to develop floating platforms in the deep ocean for offshore wind towers that could power millions of homes and vastly expand offshore wind in the United States

Birmingham Post

Keadby Three lands on new Business Secretary Jacob Rees-Mogg's desk as planning examination completes

Carbon capture power project recommendation has been made to the new man at the helm of BEIS

Irish Independent

Utilities in Europe face €1.5trn rush for funds after Vladimir Putin shuts Nord Stream pipeline to Germany

European energy companies need at least €1.5 trillion to cover the cost of their exposure to soaring gas prices, Norwegian energy giant Equinor has estimated, and that does not include firms in the UK.

AFP

Norway's future CO2 cemetery takes shape

Oygarden (Norway) (AFP) - On the shores of an island off Norway's North Sea coast, engineers are building a burial ground for unwanted greenhouse gas.

Newcastle Herald

Norwegian energy company throws its weight behind Hunter offshore wind project

Norwegian energy company Equinor and Oceanex have joined forces to progress offshore wind opportunities in NSW, including the Hunter.

Investors Business Daily

Dow Jones Sheds 600+ Points; Indexes Undercut Support; These Stocks Manage Breakouts

The Nasdaq and S&P 500 undercut support at their 21-day line. Despite the sell-off, two stocks managed to score compelling breakouts.

Investors Business Daily

Dow Jones Dives; Tesla Slides After Elon Musk Move; AMC Stock Tumbles As Rival Nears Bankruptcy

The Dow Jones took a dive as indexes fell. Tesla stock slipped after an Elon Musk move. AMC stock plunged. Bitcoin fell.

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