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The Latest Breaking News from Equinor

Iran Conflict Fuels $11.5B Equinor Windfall as Hormuz Disruption Lifts Oil Prices

Equinor's profit nearly doubled to $11.48B (£8.6B) as the Iran conflict lifted oil and gas. UK gas bills rose 24% on the same wholesale surge.

International Business Times UK

The European country whose state oil company has been one of the biggest winners of Iran war

Equinor has nearly doubled its quarterly profits as the US-Israeli war against Iran has choked off supplies from the Gulf

The Independent UK

Gov. Shapiro Walks a Fine Line on Climate; His Opponent Just Wants to Drill.

As cash flows into Pennsylvania governor's race, ethical questions over Stacy Garrity's fracking income loom.

Capital & Main

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Norway’s national oil company’s profits double to $11.5bn amid war on Iran

Equinor benefits from decision to increase oil and gas production during strait of Hormuz blockades

The Guardian - UK

Nordic coalition urges EU to stand firm against new oil and gas drilling in the Arctic

The appeal sent to the European Commission cites environmental concerns and security risks if the EU decides to lift the ban on oil and gas drilling in the Arctic. Instead, EU leaders are urged to focus on electrifying the economy and transport while expanding domestic clean energy production.

Euronews

‘We are talking about energy security for Europe’: Norway doubles down on oil and gas production

Norway’s energy minister says country has a ‘responsibility’ to address shortfalls caused by wars in Ukraine and Middle East

The Guardian - UK

Norwegian government attacked over decision to reopen North Sea gasfields

Approval for exploration in 70 new areas prompts fierce backlash from fossil fuel opponents

The Guardian - UK

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Wind energy executive says company ‘must adapt’ as Trump offers $2 billion to kill offshore wind projects

“My goal is to not let any windmill be built. They’re losers,” Trump said to oil executives in January.

Fortune

UK ‘absolutely not’ facing blackouts or rationing, says energy minister

Energy minister Michael Shanks stated the UK is "absolutely not" planning for blackouts or rationing, asserting the nation has a "strong and diverse range of supplies." This assurance comes amidst Iran's effective blockade of the Strait of Hormuz, a critical shipping route for oil and gas. Experts told MPs that…

The Independent UK

Asia seeing energy ‘drought’ on horizon from Strait of Hormuz closure, MPs hear

Equinor, which is a major energy supplier to Europe, said a number of its vessels were caught up in the disruption.

Evening Standard

Judge hands offshore wind industry another victory against Trump in clearing way for NY project

A federal judge has cleared the way for a New York offshore wind project to resume construction

The Independent UK

Developer of New York offshore wind farm is asking a federal judge to spare it from Trump

A federal judge is expected to consider whether to set aside a Trump administration order pausing the construction of a major offshore project for New York

The Independent UK

Energy developers head to court as Trump says the US 'will not approve any windmills'

Three energy developers are challenging the Trump administration’s freeze on their offshore wind projects

The Independent UK

Trump’s offshore wind project freeze draws lawsuits from states and developers

Offshore wind developers and states are suing the Trump administration over its order to suspend work on five large-scale projects under construction off the East Coast for at least 90 days

The Independent UK

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The Guardian - UK

Norway’s national oil company facing £53m penalty for oil spills and gas leaks

Equinor accused of ‘extensive and long-term pollution’ caused by years of inadequate maintenance

Benzinga

Shell, Equinor Form JV To Lead UK North Sea Oil Production

Shell PLC (NYSE:SHEL) has finalized a deal with Equinor ASA (NYSE:EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura.

Evening Standard

Reeves urged to examine ‘legality’ of Shell-Equinor deal to create new company

Campaigners opposed to the Rosebank oil field, of which Equinor is a majority shareholder, are amongst those raising concerns with the Chancellor.

Benzinga

Oil Giant Equinor Cuts Price Outlook After Big Write-Down

Equinor ASA (NYSE:EQNR) stock was volatile premarket Wednesday after the company reported third-quarter fiscal 2025 revenue and other income growth of 2% year-over-year (Y/Y) to $26.05 billion.

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Evening Standard

SNP’s Flynn challenged to oppose Rosebank in ‘solidarity’ with Palestine

The SNP’s Westminster leader has been told an Israeli fuel conglomerate could be in line to benefit if the oil field is developed.

Evening Standard

UK Government urged to ‘do the right thing’ and reject Rosebank development

Equinor, which owns the majority of the oil field, stressed it was committed to advancing the ‘Rosebank project’.

The National (Scotland)

This company owns major oil fields and is accused of complicity in Israel’s genocide

ON a rain-dampened Saturday in central London last month, a sea of Palestinian flags flowed towards Downing Street.

Barchart

The Saturday Spread: Using the Neglected Methodology That Wall Street Refuses to Teach

While understanding so-called ‘options math’ can provide interesting context and color, the real alpha generation comes from an entirely different framework.

International Business Times

Equinor Takes $1 Bn Hit From US Wind Farm Regulations, Tariffs

Norwegian energy company Equinor said on Wednesday that its giant offshore wind project in New York -- once halted by the US administration -- had lost nearly $1bn in value following regulatory changes and tariffs.

The Guardian - UK

Reeves promised oil industry ‘quid pro quo’ over windfall tax in private meeting

Government accused of making ‘secret exchange deal’ with fossil fuel companies to compensate for tax hike

The Guardian - UK

UK ministers reopen door to drilling at two North Sea oilfields as new guidance released

Michael Shanks says guidance brings ‘clarity’ to approval process as analysis finds UK will be almost fully dependent on foreign gas by 2050 even if sites get green light

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