Equinor, renamed from Statoil in 2018, said on Wednesday that it was planning to increase production of fossil fuels and halve its spending on renewables, with chief executive Anders Opedal saying ...

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 ...

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 ...

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 ...

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 ...

Norwegian energy giant Equinor will soldier on with its Empire Wind 1 project in the US in spite of growing economic and political headwinds facing offshore wind there. Equinor also told investors at ...

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 ...

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 ...