The FINANCIAL - Oil&Auto

Oil prices fell by 30%

The FINANCIAL -- Oil prices plunged on Monday by around 30% as Russia on Friday refused to join the Organization of the Petroleum Exporting Countries [OPEC] in a large production cut. Because of that Saudi Arabia launched an aggressive price war. Brent crude futures fell by as much as $14.25, or 31.5%, to $31.02 a barrel. Saudi Arabia will raise production and offer its crude at deep discounts to ...

Eni Announces a New Oil Discovery in Offshore Angola

The FINANCIAL -- Eni struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. The discovery is estimated to contain between 170 and 200 million barrels ...

More Than 5 Billion Recoverable Oil-equivalent Barrels Discovered in Less Than Four Years

The FINANCIAL -- ExxonMobil said it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion ...

Apodi Solar plant in Commercial Operation

The FINANCIAL -- Around 170,000 households in Brazil are now powered with electricity from the Apodi Solar Plant. The 162 MW Apodi Solar plant, operated by Scatec Solar, was Equinor’s first step ...

Boosting Vigdis

The FINANCIAL -- Equinor and its partners have decided to invest some NOK 1.4 billion in Vigdis boosting station, expected come online in the first quarter of ...

OPEC Pushes for oil production slash but will Russia agree?

The FINANCIAL -- With oil prices down more than 20% since the start of the year as the economic impact of the coronavirus saps oil demand. Oil’s losses came even as OPEC agreed to cut crude output ...

Commercial vehicles are involved in less than 3% of road accidents

The FINANCIAL -- World Road Transport Organization IRU has released a comprehensive report on road safety investment by mobility and logistics operating companies. Despite a strong sense of social ...

Aasta Hansteen on Stream

The FINANCIAL -- On 16 December Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. Today, 17 December gas from the Aasta Hansteen field is available ...

Equinor's Share Saving Plan Allocates Shares

The FINANCIAL -- The shares purchased by DNB on behalf of Equinor on 10 December 2018 for use in the group's Share Saving Plan, have on 13 and 14 December 2018 been distributed to the employees in ...

Total Reduces its Stake in Ichthys LNG by 4%

The FINANCIAL -- Total has signed an agreement to divest a 4% interest in the Ichthys liquefied natural gas (LNG) project in Australia to operating partner INPEX for an overall consideration of 1.6 ...

Total Commits to Carry out Its Exploration Campaign with Transparency

The FINANCIAL -- Total is ready to start its exploration campaign on the Guyane Maritime license, located 150 kilometers off the French Guyana coast, in the days following the arrival of the drilling ...

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Oil prices fell by 30%

Eni Announces a New Oil Discovery in Offshore Angola

More Than 5 Billion Recoverable Oil-equivalent Barrels Discovered in Less Than Four Years

Apodi Solar plant in Commercial Operation

Boosting Vigdis

OPEC Pushes for oil production slash but will Russia agree?

Commercial vehicles are involved in less than 3% of road accidents

Aasta Hansteen on Stream

Equinor's Share Saving Plan Allocates Shares

Total Reduces its Stake in Ichthys LNG by 4%

Total Commits to Carry out Its Exploration Campaign with Transparency

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