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The Latest Breaking News from Equinor

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

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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

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.

Reuters

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

Irish Mirror

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

Northern Powerhouse Rail and road improvements also flagged for the region

Birmingham Post

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

The Independent UK

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

Birmingham Post

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.

Newcastle Herald

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.

Investors Business Daily

Dow Jones Falls Ahead Of Jackson Hole Meeting; Signify Health Spikes On Amazon Bid; Energy Stocks Rise

All eyes are set on Friday's event at Jackson Hole, Wyo., and the Fed Chairman Jerome Powell's speech.

Investors Business Daily

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Investors Business Daily

Stock Market Struggles Near Lows; Natural Gas Refiner Breaks Out

The major stock market indexes remain under pressure at the noon hour on Monday, after lifting above midmorning lows. The Dow Jones Industrial Average has bounced but is still trading lower by nearly 500 points. The Nasdaq composite has lost 2.1%. The S&P 500 is down 1.7% while the Dow…

Investors Business Daily

Dow Jones Dives As Losses Worsen; BBBY Stock Collapses On Ryan Cohen Sale; Bitcoin Plunges

The Dow Jones fell sharply. BBBY stock cratered amid a Ryan Cohen stock sale. Coinbase fell as Bitcoin plunged.

The Conversation

Influential oil company scenarios for combating climate change don't actually meet the Paris Agreement goals, our new analysis shows

Several major oil companies, including BP and Shell, periodically publish scenarios forecasting the future of the energy sector. In recent years, they have added visions for how climate change might be addressed, including scenarios that they claim are consistent with the international Paris climate agreement.

Birmingham Post

East Coast Cluster chief on latest carbon capture sequencing success

14 of the 25 projects put forward earlier this year succeeded - we list all

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Investors Business Daily

New S&P 500 Member Breaks Out, Leading 5 Stocks Near Buy Points

New S&P 500 member Onsemi surged into a buy zone Friday, leading five stocks to watch with handle buy points.

Investors Business Daily

Dow Jones Futures: Inflation Report Looms For Market Rally; Twitter Rallies As Elon Musk Sells More Tesla Stock

July's CPI inflation report is due for the market rally. Elon Musk sold $6.9 billion of Tesla stock as Twitter deal odds rise. TSLA and TWTR rose.

Investors Business Daily

Dow Jones Rises As Senate Passes Climate, Healthcare And Tax Bill; Nvidia Dives On Revenue Warning

The Dow Jones Industrial Average rose Monday, as the Senate passed a bill to spend billions of dollars on climate and healthcare programs.

Insider UK

Proposed Rosebank oil field 'will have lowest possible carbon footprint'

Equinor says a final investment decision could happen next year

The National (Scotland)

Activists vow to fight bid for huge new oil field in waters west of Shetland

ENVIRONMENTAL campaigners have vowed to fight a new oil field being brought online which is twice the size of Cambo, as a fossil fuel firm takes…

Investors Business Daily

Dow Jones Slides On Strong Jobs Report; Square Stock Dives On Earnings; Tesla Stock Split Approved

The Dow Jones Industrial Average dropped Friday on a strong jobs report. And shareholders approved plans for a 3-for-1 Tesla stock split.

Investors Business Daily

Dow Jones Falls After Jobless Data; Alibaba Jumps On Earnings

The Dow Jones Industrial Average fell Thursday after jobless claims data. Next, investors await Friday's highly anticipated jobs report.

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