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Equinor


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Norway October trade surplus at record high as gas sales soar

OSLO, Nov 15 (Reuters) - Norway's trade surplus rose to a record high in October as revenues from its offshore petroleum fields soared, led by a spike in the price of natural gas, national statistics agency (SSB) data showed on Monday. The October surplus hit 84.5 billion Norwegian crowns ($9.73 billion), a rise of 60.7% from September, which had h
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Norway's October trade surplus jumps 61% to record high

OSLO, Nov 15 (Reuters) - Norway's trade surplus rose to a record high in October as revenues from its offshore oil and gas fields soared, national statistics agency (SSB) data showed on Monday. The October surplus hit 84.5 billion Norwegian crowns ($9.73 billion), a rise of 60.7% from September, which had held the previous single-month record. ($1
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Africa has sights set on hydrocarbon haul despite global shift

By Yousef Saba and Raya Jalabi DUBAI, Nov 12 (Reuters) - Several African countries plan to exploit their oil and gas reserves to tackle poverty and energy shortages, representatives gathered in Dubai said this week in the face of pressure to end fossil fuel extraction to curb global warming. Officials and industry executives stressed that Africa as
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Equinor fully restores output from Sverdrup oilfield, western Europe's largest

By Nerijus Adomaitis OSLO, Nov 12 (Reuters) - Output from Equinor's EQNR.OL Johan Sverdrup oilfield, western Europe's largest, has been fully restored, a spokesperson for the Norwegian firm said on Friday. The North Sea field, which has an output capacity of around 535,000 barrels of oil per day, suffered a power outage on Thursday, triggering a sh
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Equinor's Sverdrup oilfield back at full output after outage

OSLO, Nov 12 (Reuters) - Output from Equinor's EQNR.OL Johan Sverdrup oilfield, western Europe's largest, has been fully restored, a spokesperson for the Norwegian firm said on Friday. The North Sea field, which has an output capacity of around 535,000 barrels of oil per day, suffered a power outage on Thursday, triggering a shutdown. Reporting by
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Equinor prepares to restart Sverdrup oilfield after power outage

OSLO, Nov 11 (Reuters) - Norway's Equinor EQNR.OL , western Europe's largest oilfield, is preparing to restart production after it was shut down following a power outage, the company said on Thursday. "Power supply from shore has been restored and preparations to restart Sverdrup's production are ongoing," a spokesperson for the company said. Repor
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Equinor prepares to restart Sverdrup, western Europe's largest oilfield

OSLO, Nov 11 (Reuters) - Equinor EQNR.OL has restored power supply to the Johan Sverdrup oilfield, Western Europe's largest, following an outage, and is preparing to restart petroleum output, a spokesperson for the Norwegian firm said on Thursday. "Power supply from shore has been restored and preparations to restart Sverdrup's production are ongoi
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High-tech climate solutions that could cut emissions in the long term

By Timothy Gardner WASHINGTON, Oct 28 (Reuters) - From replicating the process that fuels the sun to harnessing scorching temperatures deep below our feet, scientists, companies and venture capitalists are betting on high-tech ways to power the planet without emitting greenhouse gases. Such "moon-shot" technologies are likely to be a topic of conve
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Miners, mixed earnings pull European stocks away from recent peaks

* Commodities-linked stocks hit * Deutsche Bank slides despite profit beat * Traders await ECB meeting on Thursday (Updates to market close) By Anisha Sircar and Ambar Warrick Oct 27 (Reuters) - European stocks slipped from near record highs on Wednesday, with miners leading losses after concerns over China hit metal prices, while mixed corporate e
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Bleak house: Why Europe faces steep winter energy bills

* Wholesale gas prices up 400% this year, power prices double * Rising wholesale energy costs are passed on to consumers * European households set to feel the pinch this winter By Nina Chestney LONDON, Oct 8 (Reuters) - Households across Europe face much higher winter energy bills due to a global surge in wholesale power and gas prices and consumer
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Norway promises Europe more gas as prices soar

* Norway to raise gas exports to Europe * Britain says: the lights will not go out * UK suppliers seek state support - sources * Carbon dioxide shortage threatens food supplies * Yara brings ammonia supplies from outside Europe By Nerijus Adomaitis, Guy Faulconbridge and Susanna Twidale OSLO/LONDON, Sept 20 (Reuters) - Norway agreed on Monday to in
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Equinor says to raise Troll, Oseberg gas output

Sept 20 (Reuters) - Equinor EQNR.OL : * EQUINOR SAYS IT HAS WON PERMISSION TO HIKE TROLL, OSEBERG GAS OUTPUT BY A COMBINED 2 BCM FOR THE GAS YEAR STARTING OCT 1 * EQUINOR SAYS OSEBERG FIELD IS ALREADY PRODUCING AT MAXIMUM CAPACITY, WHILE TROLL FIELD IS EXPECTED TO REACH MAXIMUM IN ABOUT A WEEK * EQUINOR SAYS TROLL'S OUTPUT TO BE INCREASED TO 37 BCM
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BP gambles big on fast transition from oil to renewables

(For more Reuters Special Reports, click on ) By Ron Bousso LONDON, Sept 20 (Reuters) - Deep in the Oman desert lies one of BP's more lucrative projects, a mass of steel pipes and cooling towers that showcases the British energy giant's pioneering natural gas extraction technology. The facility earned BP Plc BP.L more than $650 million in profits i
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Norway to raise gas exports to Europe as prices soar

* To hike by total 2 bcm from Oct. 1 for next 12 months * Europe seeing record power prices By Nerijus Adomaitis OSLO, Sept 20 (Reuters) - Norway will allow state-controlled Equinor EQNR.OL and its partners to increase gas exports from two offshore fields for the next 12 months amid concerns over a shortage of European gas supplies that have sent p
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Equinor wins permission to hike Troll, Oseberg gas exports, DN reports

OSLO, Sept 20 (Reuters) - Norway's Equinor EQNR.OL has won permission to increase pipeline gas exports to Europe from the offshore Troll and Oseberg fields, Norwegian deputy oil and energy minister Tony Tiller told newspaper Dagens Naeringsliv on Monday. Reporting by Terje Solsvik, editing by Gwladys Fouche
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Norway's Yara cuts ammonia output as gas prices surge

* Ammonia is key component of nitrogen fertiliser * Yara's cut corresponds to 2 mln tonnes ammonia/year * European gas price more than tripled this year * Cost of food production rises, analyst says By Terje Solsvik and Nerijus Adomaitis OSLO, Sept 17 (Reuters) - Norway's Yara YAR.OL is curtailing its European ammonia output due to a surge in natur
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Bleak house: Why Europe faces steep winter energy bills

* Wholesale gas and power prices rallied over the summer * Rising wholesale energy costs are passed on to consumers * European households set to feel the pinch this winter By Nina Chestney LONDON, Sept 15 (Reuters) - Households across Europe face much higher winter energy bills due to a global surge in wholesale power and gas prices and consumer gr
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Bleak house: Why Europe faces steep winter energy bills

* Wholesale gas and power prices rallied over the summer * Rising wholesale energy costs are passed on to consumers * European households set to feel the pinch this winter By Nina Chestney LONDON, Sept 15 (Reuters) - Households across Europe face much higher winter energy bills due to a global surge in wholesale power and gas prices and consumer gr
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Climate change in election spotlight in oil giant Norway

* Election takes place on Sept. 12-13 * Opposition Labour and allies poised to take power * Pro-environment parties gaining popularity * Could push through tougher curbs on oil sector By Nerijus Adomaitis STAVANGER, Norway, Aug 31 (Reuters) - Climate change has surfaced as a key issue for Norwegian voters in an upcoming parliamentary election that
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Norwegian government proposes overhaul of petroleum tax system

* Proposals come in surprise announcement * Government trailing in polls before Sept. 12-13 election * Climate change central in election campaign By Nerijus Adomaitis and Nora Buli OSLO, Aug 31 (Reuters) - Norway's government has proposed overhauling taxation of its oil and gas firms by scrapping some incentives, it said in a surprise announcement
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