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Published on 07:06 GMT

Vår Energi Pre-Orders Subsea Systems to Accelerate Oil and Gas Developments

Feb 4, 2025 (Credit: Vår Energi) Norwegian oil and gas company Vår Energi has signed a letter of intent with OneSubsea for the delivery of Subsea Production Systems (SPS) to reduce project development time. The pre-commitment will give Vår Energi the …

Source: Offshore Engineer News - Neutral
Published on 14:02 GMT

Norway’s state oil firm lobbying to open Rosebank oilfield halves green investments

The Norwegian oil company fighting to open a giant new oilfield off Shetland has cut billions of pounds from its green spending plans in favour of producing more fossil fuels. Equinor set out plans on Wednesday to halve its investments in low-carbon energy …

Source: The Guardian - Center-left
Published on 10:46 GMT

Equinor scales back green push 7 years after dropping ‘oil’ from its name

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Norwegian state-backed energy group that dropped oil from its name as part of a push into renewables is pivoting back to fossil …

Source: The Financial Times - Neutral
Published on 08:23 GMT

Norway's Equinor scales back renewable energy aims as profit falls

Norwegian oil and gas giant Equinor said on Wednesday it would scale back its renewable energy ambitions as it reported a steep drop in net profit in 2024. The group said it now planned a renewable capacity of between 10 and 12 gigawatts in 2030, down from …

Source: Saipan Tribune - Center-left
Published on 08:28 GMT

Dethroning Russia’s gas hegemony

The suspension of Russian gas exports through Ukraine signals a transformation in Europe’s energy landscape and reliance. A worker walks beneath the pipework in the yard of a comprehensive gas treatment unit at the Gazprom PJSC Chayandinskoye oil, gas and …

Source: Geopolitical Intelligence Services - Neutral
Published on 13:28 GMT

Ex-Nato chief Stoltenberg named Norwegian finance minister

"I didn't plan to be here," the 65-year-old Stoltenberg told reporters as he took possession of his new office at the finance ministry. When his close friend Prime Minister Jonas Gahr Støre offered him the job last week, "the only …

Source: The Local - Norway - Neutral
Published on 12:20 GMT

Oil Giants TotalEnergies, Equinor Reduce Low-carbon Investments

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. Major fossil fuel companies …

Source: International Business Times - Label Pending
Published on 14:37 GMT

Firm behind Rosebank oil field rakes in 'outrageous' £45,000 per second

The Norwegian oil giant behind Rosebank oil field has announced £24billion in annual profits and a plan to cut green schemes, sparking anger from campaigners. Equinor raked in “outrageous” earnings in 2024 equating to £45,662 every second - or about £ …

Source: Daily Record & Sunday Mail - Left-wing
Published on 10:18 GMT

Equinor raises 2030 oil output target, beats Q4 profit view

Equinor's Oslo-listed shares were trading up 0.6% by 0845 GMT, slightly outperforming a wider European oil and gas index which was up some 0.3%. Equinor on Wednesday raised its 2030 oil and gas output forecast and scaled back plans for renewable energy …

Source: ETAuto - Uncategorized
Published on 14:30 GMT

Equinor Unveils $5 Billion Buyback, Trims Renewables Spending As Oil & Gas Output Rises

Equinor ASA EQNR shares are trading lower after the company reported fourth-quarter FY24 results. Revenue and other income fell 5% year-over-year (Y/Y) to $27.654 billion and adjusted revenue declined 7% Y/Y to $26.418 billion. The consensus …

Source: Benzinga - Neutral
Published on 07:25 GMT

UK gas policies could lead to increased emissions from imports, report finds

Reduced North Sea investment as a result of UK government policy could lead to millions of tonnes of additional CO2 emissions from imports, according to a report. Edinburgh-based financial analyst firm Gneiss Energy modelled the potential impact of UK …

Source: Energy Voice - Neutral
Published on 15:28 GMT

Johan Sverdrup Oil Field Goes Back in Production Following Outage

Feb 5, 2025 The Johan Sverdup field in the North Sea (Credit: Lizette Bertelsen & Jonny Engelsvoll / Equinor) Norway's Equinor has resumed output at its giant Johan Sverdrup oilfield in the North Sea following a power outage and is working to …

Source: Offshore Engineer News - Neutral
Published on 03:15 GMT

Former NATO chief Stoltenberg to become Norway's finance minister after Oslo government collapse

Former Secretary General of NATO Jens Stoltenberg speaks with the media regarding 2024 U.S. presidential election, in Oslo, Norway, November 6, 2024. Thomas Fure | Via Reuters NATO's former Secretary General Jens Stoltenberg has been appointed as …

Source: CNBC - Neutral
Published on 06:28 GMT

Equinor Q4 profit beats forecast, raises 2030 oil output target

OSLO (Reuters) -Equinor on Wednesday posted slightly higher-than-expected profits for the final quarter of 2024, while raising its oil and gas output forecast and scaling back plans for renewable energy capacity expansion. The Norwegian oil and gas …

Source: Yahoo Finance - Label Pending
Published on 07:15 GMT

NGOs win critical seabed minerals skirmish with Norwegian government

A year ago, Norway became the first country to back deep sea mineral prospecting in its waters, with a government plan to launch an exploration licenses bidding round this year (2025). Barely 11 months later, last December, the Norwegians suspended …

Source: Energy Voice - Neutral
Published on 00:56 GMT

Former NATO chief Stoltenberg named Norway's finance minister

Jens Stoltenberg, the new minister of finance in Prime Minister Jonas Gahr Store's new government looks on as they are presented, in Oslo, Tuesday, February 4, 2025. LISE ÅSERUD / AP Former NATO chief Jens Stoltenberg on Tuesday, February 4, was …

Source: Le Monde - Center-left
Published on 04:49 GMT

Revived Interest for Νatural Gas in Europe Generates Intense Political Ripples across the Continent

A recurring topic in European public dialogue the past few months refers to the necessity for the EU to adjust its goals and policies to fit the realities of a changing world. The view that I would add to these notions is that it’s not so much the changes …

Source: To Vima - Uncategorized
Published on 04:07 GMT

Ex-NATO chief Stoltenberg becomes Norway's finance minister

OSLO - Former NATO Secretary General Jens Stoltenberg became Norway's new finance minister on Tuesday as part of a cabinet reshuffle, taking up the post as the Nordic country eyes the impact of a potential transatlantic trade war. Appointing the widely …

Source: Gulf Daily News Online - Pro-Government
Published on 04:00 GMT

Oil Markets Falter as Trump Delays Tariffs - What's Next for Energy?

Oil markets are seeing a correction after Canada and Mexico came to a last-minute deal with the US, which will see tariffs postponed by at least a month Energy – No Change to OPEC+ Output Policy The oil market gave back a lot of its gains yesterday after …

Source: Investing - Neutral

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Published on February 5, 2025 - 12:54 GMT

Oil Condition Monitoring Market to Cross USD 2.37 billion by 2032 | SNS Insider

The growth of the Oil Condition Monitoring market is driven by rising industrial automation and the increasing adoption of predictive maintenance. AUSTIN, TX, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Market Size & Industry …

Distribution channels: Technology ...
Published on February 4, 2025 - 13:49 GMT

Onshore Oil and Gas Market will Skyrocket by 2032 and Reach Huge Market Size of 1800.0 USD Billion

As demand for energy continues to grow, onshore oil and gas market remains crucial for energy security, mainly in countries rich in reserves and infrastructure. NY, UNITED STATES, February 4, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Electronics Industry ...

Published on February 5, 2025 - 08:30 GMT

[Latest] Global Natural Gas Storage Market Size/Share Worth USD 16,118.91 Million by 2034 at a 4.19% CAGR: Custom Market ...

Austin, TX, USA, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Natural Gas Storage Market Size, Trends and Insights By Storage Type (Underground, Floating, Others), By Application (Residential, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 5, 2025 - 06:40 GMT

Leading Factor Driving the Marine Lubricants Market in 2025: Increased Demand For Bio-Based Lubricants Fuels Growth

Marine Lubricants Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – …

Distribution channels: Business & Economy, Companies ...

Published on February 4, 2025 - 10:30 GMT

Asia Pacific Surf Market Projected To Witness Substantial Growth, 2025-2032 | Airborne Oil & Gas B.V, TechnipFMC plc

According to a study by Coherent Market Insights, and is expected to grow at a CAGR of 12.5% in terms of revenue over the forecast period (2025-2032). BURLINGAME, CA, UNITED STATES, February 4, 2025 /⁨EINPresswire.com⁩/ -- Asia Pacific Surf Market …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 05:46 GMT

Interlocutor in Greater Sunrise Discussions, Agio Pereira, Meets with INPEX Oil Representative

Wed. 05 of February of 2025, 08:43h The Minister of the Presidency of the Council of Ministers and Interlocutor in the Greater Sunrise discussions, Agio Pereira, met on February 4th, 2025, at the Government Palace, with the representative of the Japanese …

Distribution channels:
Published on February 5, 2025 - 05:54 GMT

Drill Pipe Market Expected to Reach $2.2 Billion & Growing at a CAGR of 5.4% from 2022 to 2031

significant growth, supported by increasing oil and gas exploration activities, technological advancements, and strategic initiatives by key industry players WILMINGTON, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- The global drill …

Distribution channels: Building & Construction Industry, Manufacturing ...
Published on February 5, 2025 - 16:15 GMT

Mojo AI Selected as Darcy Partners Tech Pioneer

Mojo AI has been selected as a Technology Pioneer by Darcy Partners, a consortium of the largest oil companies in the world. SALT LAKE CITY, UT, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Mojo AI has been selected as a Technology …

Distribution channels: Building & Construction Industry, Business & Economy ...

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Published on February 5, 2025 - 17:58 GMT

Virtue Solar: Separating Fact from Fiction for Virginia Solar Customers

Solar energy can be beneficial and financially rewarding, but consumers need to avoid the pitfalls. CHARLOTTESVILLE, VA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Virtue Solar, a leading solar installation company based in …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on February 5, 2025 - 17:56 GMT

Stationary Battery Storage Market to Reach $221.9 Billion, Globally, by 2033 at 9.5% CAGR: AMR

Global market grows with advances in lithium-ion tech, policy support, and shifting energy needs, enabling cost-effective large-scale storage. WILMINGTON, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published …

Distribution channels: Electronics Industry, Energy Industry ...
Published on February 5, 2025 - 17:54 GMT

Affinity Group Publishing Spotlights Latest News on Mexico, Canada, China Tariffs

Explore thousands of news articles on global trade tensions, and other trending news, labeled by political bias WASHINGTON , DC, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- With President Donald Trump's recent announcement of …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on February 5, 2025 - 17:43 GMT

Nachhaltige Lösungen für Kühlwassersysteme senken Wasserverbrauch und Kosten drastisch

Nachhaltige Lösungen für Kühlwassersysteme senken Wasserverbrauch und Kosten drastisch HEIDELBERG, GERMANY, February 5, 2025 /⁨EINPresswire.com⁩/ -- Als ein CleanWater-Tech-Pioneer revolutioniert BlueActivity die Wasserbehandlung, indem erstmalig …

Distribution channels: Chemical Industry, Energy Industry ...
Published on February 5, 2025 - 17:00 GMT

PowerPatent Unveils Advanced AI Solutions for Chemical Patent Drafting

PowerPatent's new AI tools streamline chemical patent drafting, offering robust protection with innovative features. PHILADELPHIA, PA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- PowerPatent, a leader in patent drafting and …

Distribution channels: Business & Economy, Energy Industry ...
Published on February 5, 2025 - 16:15 GMT

nZero Group ready for growth in Low Carbon Solutions and Carbon Capture business it secures senior specialist

Mike Shepherd appointed to lead the nZero Group’s business development initiatives across the emerging energy transition market for CO2 and H2 measurement. ELLESMERE PORT, CHESHIRE, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- nZero …

Distribution channels: Business & Economy, Chemical Industry ...
Published on February 5, 2025 - 16:15 GMT

Mojo AI Selected as Darcy Partners Tech Pioneer

Mojo AI has been selected as a Technology Pioneer by Darcy Partners, a consortium of the largest oil companies in the world. SALT LAKE CITY, UT, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Mojo AI has been selected as a Technology …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on February 5, 2025 - 15:39 GMT

[Latest] Graphene Market is Projected as the Fastest Growth Opportunities by 2028

The global graphene market size was valued at $0.3 billion in 2023, and is projected to reach $1.4 billion by 2028, growing at a CAGR of 34.6% from 2024 to 2028 WILMINGTON, DE, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Electronics Industry, Energy Industry ...
Published on February 5, 2025 - 15:15 GMT

Freen OÜ to Represent Estonia at Hannover Messe 2025

Freen OÜ, an Estonian leader in metalwork and renewable energy solutions, will showcase at Hannover Messe 2025 on the joint stand with Enterprise Estonia (EIS). KOHTLA-JäRVE, ESTONIA, February 5, 2025 /⁨EINPresswire.com⁩/ -- Freen OÜ, Estonian …

Distribution channels: Conferences & Trade Fairs, Energy Industry ...
Published on February 5, 2025 - 14:17 GMT

Ocean Economy Market is Probable to Influence the Value of US$ 3,782.96 Billion With a CAGR of 6.8% Projected by 2034

The growing approval of coastal and marine tourism is driving the market demand. NEW YORK CITY, NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Our ocean economy market report has been prepared using advanced methodologies and research …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 14:00 GMT

ReElement Technologies and Novare Announce Partnership to Build Critical Minerals Refining Facility in Africa

The partnership will establish Africa’s first fully integrated critical mineral refining platform employing local talent FISHERS, IN, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- ReElement Technologies Corporation (“ReElement”), a …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on February 5, 2025 - 13:30 GMT

Simon Chassar Joins EmberOT Industrial Security Startup as Advisory Board Member

Security Visionary and Former Claroty & NTT CRO Joins EmberOT to Drive Innovation in Critical Infrastructure Protection CHANDLER, AZ, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- EmberOT, a leading provider of industrial asset and …

Distribution channels: Building & Construction Industry, Chemical Industry ...
Published on February 5, 2025 - 13:11 GMT

Energy Storage Systems Market Size To Reach USD 542 Billion by 2032, Growing At CAGR of 9.2%

The Energy Storage Systems Market was valued at USD 230 Bn and is expected to grow to USD 542 Bn in 2032. Between 2023 and 2032, at a CAGR of 9.2%. NEW YORK, NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- The global Energy Storage …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:10 GMT

Small Modular Reactors (SMRs) Market is Estimated to Skyrocket with 23.16% CAGR by 2032

NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to latest market research report released by Wise Guy Reports small modular reactors smrs Market Size was estimated at 4.6 (USD Billion) in 2023 and it is expected to grow from 5 …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:10 GMT

Nickel Iron Alkaline Battery Market is Projected to Grow with Remarkable CAGR and Market Size

Nickel iron alkaline battery market CAGR (growth rate) is expected to be around 3.49% during the forecast period (2024 - 2032). NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to the latest market research report released by …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:10 GMT

Direct Methanol Fuel Cell DMFC Market is Forecasted to Grow with 16.03% CAGR by 2032

With the growing demand for clean, efficient, and sustainable energy solutions, Direct Methanol Fuel Cell DMFC market is positioned for substantial growth. NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to latest market …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:09 GMT

Direct Drive Wind Turbine Market is Projected to Hit Market Size 20.5 (USD Billion) by 2032 with 7.51% CAGR

Direct Drive Wind Turbine market has seen steady growth driven by increasing investments in renewable energy infrastructure and supportive government policies. NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:08 GMT

Energy Downstream Retail Sector Market to Skyrocket with 2,500.0 USD Billion Market Size by 2032

Energy downstream retail sector is undergoing transformative changes driven by evolving consumer behaviors, regulatory shifts, and technological advancements. NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:06 GMT

Solar Microinverter and Power Optimizer Market to Exhibit 13.11% CAGR with 35.2 USD Billion Market Size by 2032

Solar energy sector has seen remarkable growth over the past decade, driven by the global push towards renewable energy sources and technological advancements. NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to the latest …

Distribution channels: Energy Industry ...
Published on February 5, 2025 - 13:06 GMT

Artificial Lift Service Market is Projected to Reach 38.7 USD Billion with Impressive CAGR by 2032

Artificial Lift Service Market CAGR (growth rate) is expected to be around 5.97% during the forecast period (2025 - 2032). NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- According to the latest market research report released by Wise …

Distribution channels: Energy Industry ...