Equinor ASA (DNQ.HA)
- GlobeNewswire
Standard Lithium and Equinor Form Partnership to Develop South West Arkansas and East Texas Lithium Projects
Equinor Commits to Contribute up to a US$160 million Gross Investment for a 45% interest in two special purpose entities with SLI to develop a sustainable lithium business in the United StatesVANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the closing of a landmark strategic partnership (the “Transaction”) with
- Reuters
Equinor seeks to revive costly Norway, Canada oil prospects
Equinor has signed a long-term deal with engineering companies to help drive down the cost of developing two offshore oil discoveries that were previously postponed, the Norwegian energy group said on Thursday. The agreement with the Subsea Integration Alliance, an oilfield services group comprising Subsea7 and OneSubsea, could help revive plans to develop Norway's Wisting field and Canada's Bay du Nord, potentially unlocking around one billion barrels of oil. "Selecting the supplier at this early stage is a new way of approaching project development for us," Equinor project development head Trond Bokn said in a joint statement with Subsea7.
- Reuters
Equinor first-quarter profit down 37% on lower gas prices
OSLO (Reuters) -Equinor posted a sharp fall in first-quarter profit on Thursday, hit by tumbling natural gas prices in Europe, though strong energy trading and rising output limited the decline. The Norwegian oil and gas producer's adjusted earnings before tax for January-March fell almost 37% to $7.53 billion but beat the $7.2 billion forecast in a poll of 22 analysts compiled by Equinor. "Production on the Norwegian continental shelf was high,and the international portfolio contributed with solid production growth," Equinor CEO Anders Opedal said in a statement.
