The Latest Breaking News from Equinor

State-owned Equinor becomes latest fossil fuel firm to backtrack on clean energy pledges with move to halve budget to $5bn

French oil and gas giant TotalEnergies said Wednesday it would reduce its low-carbon energy investments while Norwegian peer Equinor scaled back its renewables ambitions as the companies reported sharp drops in annual profits.

The Conservative-led government approved Shell’s proposals to develop the Jackdaw field in 2022

A judge has upheld a legal challenge by environmental campaigners against the decision to grant consent to two new oil and gas fields in the North…

The decision to grant consent to the Rosebank and Jackdaw oil and gas fields will now be reconsidered, taking into account downstream emissions.

Some scientists say carbon capture and storage can be used to decarbonise industries that would take years to clean up – but campaigners say it just prolongs the oil and gas industry

The energy sector, fueled by technological advancements, renewable energy growth, and increasing demand for sustainable solutions, continues to be a hub of innovation and an appealing choice for investors seeking long-term growth. Thus, it could be wise to consider investing in fundamentally sound energy stocks: ChampionX Corp. (CHX), Subsea 7…

As oil demand rises and production ramps up, the energy sector shows signs of recovery. Amid this backdrop, investors looking to invest in this industry might consider fundamentally sound oilfield services stocks like TechnipFMC (FTI), Subsea 7 S.A. (SUBCY), and ChampionX Corp. (CHX), which are poised to capitalize on the…

THIRTY environmental organisations are calling for transparency regarding the true climate impact of the new Peterhead gas power station, as the…