The FINANCIAL - Oil&Auto

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...