Equinor: to Start Exiting from Joint Ventures in Russia
Equinor’s (OSE: EQNR, NYSE: EQNR) Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures. “We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world, and we are thinking of …
Equinor: to Start Exiting from Joint Ventures in Russia
Equinor’s Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures. “We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world, and we are thinking of all those who are …
Equinor: Fourth Quarter 2021 and Year End Results
Equinor reports record high adjusted earnings of USD 15.0 billion and USD 4.40 billion after tax in the fourth quarter of 2021. IFRS net operating income was USD 13.6 billion and the IFRS net income was USD 3.37 billion. 2021 was characterised by: Adjusted earnings after tax of USD 10.0 …
New Plenary Speakers and Sponsors Unveiled for 23rd World Petroleum Congress
The 23rd World Petroleum Congress continues to expand and build participation from key global energy leaders and companies, with the announcement of several new plenary speakers including Bernard Looney, CEO, bp Amin H. Nasser, President and CEO, Saudi Aramco, and Anders Opedal, President and CEO, Equinor. The 23rd WPC also …
Presenting Strategy to Accelerate Equinor’s Transition
Today, Equinor ASA presents its strategy to accelerate the company’s transition while growing cash flow and returns. Key highlights from the strategy update: Accelerating the transition and setting an ambition to reach a 40% reduction in net carbon intensity by 2035, on the way towards net zero by 2050. Stepping …
Equinor Annual and Sustainability Reports for 2020
“2020 was an extraordinary year with the pandemic causing human suffering and market turmoil. I am impressed by our employees’ hard work during this year, to keep people safe and operations running. We delivered solid operational performance during this demanding year, but our results were heavily impacted by the low …
Statoil: Anders Opedal Appointed COO
Anders Opedal is appointed executive vice president and takes on a new position as chief operating officer (COO) in the corporate executive committee (CEC) on 1 April. Opedal will be responsible the corporate improvement programmes and for driving operational efficiency across Statoil‘s business areas. “I am pleased to announce that …