Norwegian energy group Equinor said on Friday it had completed its exit from Russia, fulfilling a promise it made after Moscow’s invasion of Ukraine in February to exit the Russian market entirely. Equinor’s move marks the first full, orderly exit of an international oil and gas company from Russia, as pressure mounts for other energy […]
Tag: Equinor
Equinor acquires battery storage company East Point Energy
The Norwegian oil and gas giant Equinor is proceeding with the acquisition of the American company producing energy storage batteries East Point Energy. The Norwegian giant has signed an agreement to acquire 100% of the American company, which is developing and developing “early to mid-stage battery storage projects on the US East Coast” with a […]
Equinor: Announces cash flows equal to Senegal’s GDP – The stock is at a record high
Norwegian Equinor will pay $ 10 billion to shareholders this year as it announced pre-tax profit in the fourth quarter, redeeming the explosion in oil and gas prices, sending its stock to a new high. Adjusted pre-tax profits jumped to $ 15 billion in the October-December quarter, up from $ 756 million a year ago […]