Gas Prices Unlikely To Skyrocket As Oil Companies Assess Hurricane Ida Damage 2021/08/31 16:24:53 NPR
Oil companies are still assessing the damage at the oil rigs, platforms and refineries that were struck by Hurricane Ida. But so far, signs point toward a limited impact on gasoline availability and prices. AAA has warned of price volatility, and several analysts expect temporary price increases of several cents, but experts are not expecting a dramatic or prolonged disruption to the market. "This is not Katrina," says Richard Joswick, head of oil analytics at S&P Global Platts. After Hurricane Katrina made landfall exactly 16 years earlier gas prices immediately shot up by 45 cents, and remained elevated for two months. More than a million homes were left without power after Hurricane Ida made landfall Sunday night as a powerful Category 4 storm. The storm strengthened rapidly, a phenomenon that is increasingly common for tropical storms as a result of global warming. Oil companies checking for damages; Exxon is resuming normal operations As Hurricane Ida approached, oil companies rushed to evacuate personnel and shut down operations in the Gulf of Mexico, as is standard practice for an approaching major storm.
Equinor Board Member Sells 1,870 Shares 2021/08/30 13:16:00 FinanzNachrichten
(PLX AI) - Equinor board member Stig Lægreid sells 1,870 shares at NOK 189.2 per share.
Equinor May Quadruple Share Buyback Next Year, Bank of America Says 2021/08/30 07:28:00 FinanzNachrichten
(PLX AI) - Equinor is likely to quadruple its share buyback next year, analysts at Bank of America said. Equinor is best positioned to benefit from rising gas prices, and could revise its share bu
Global Carbon Capture and Storage Market to Reach $3.9 Billion by 2026 2021/08/06 14:45:00 Benzinga
SAN FRANCISCO , Aug. 6, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Carbon Capture and Storage - Global Market Trajectory & Analytics" . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCE Edition: 20; Released: May 2021 Executive Pool: 12159 Companies: 58 - Players covered include Archer-Daniels-Midland Company; BP plc; Chevron Corporation; Emissions Reduction Alberta; Equinor ASA; GE Power; HTC CO2 Systems Corp.; Japan CCS Co., Ltd.; Schlumberger Limited; SNC-Lavalin Group, Inc.; Svante Inc. and Others. Coverage: All major geographies and key segments Segments: Technology (Pre-Combustion, Post Combustion, Industrial Separation, Oxy-Fuel Combustion); Application (Enhanced Oil Recovery (EOR), Industrial, Other Applications) Geographies: World; USA ; Canada ; Japan ; China ; Europe ; France ; Germany ; Italy ; UK; Rest of Europe ; Asia-Pacific ; Rest of World.
Spains Repsol poised to resume oil exploration in Libya 2021/08/04 21:22:46 Libyan Express
Spains Repsol is willing to resume oil exploration activities in Libya, Libyas National Oil Corporation (NOC) said on Wednesday after a meeting between Repsol representatives and NOC chairman Mustafa Sanalla in Tripoli. Repsol is a joint venture partner in the company Akakus Oilalong with NOC, Frances TotalEnergies, Norways Equinor, and Austrias OMVwhich operates the largest oilfield  The post Spains Repsol poised to resume oil exploration in Libya appeared first on Libyan Express .
Equinor ASA: Share buy-back 2021/08/02 06:13:00 Intrado Digital Media
Please see below information about transactions made under the share buyback programme for Equinor ASA (OSE:EQNR, NYSE:EQNR).
Venezuelan state-owned oil company acquires 100% of joint venture with Total and Equinor | The Rio Times 2021/07/29 18:13:10 The Rio Times
The state-owned Petróleos de Venezuela assumed control of a joint venture in the very rich Orinoco Belt after negotiating the purchase of a third of the total shares from France''s Total and Norway''s Equinor, the parties informed Thursday.
Total, Equinor To Quit Venezuela Venture 2021/07/29 16:00:00 OilPrice com
French TotalEnergies and Norwegian Equinor will exit their oil joint venture with PDVSA, Bloomberg has reported, citing unnamed sources familiar with the matter. TotalEnergies held a 30-percent stake in the Petrocedeno venture, and Equinor held 10 percent in the company. But now, both have transferred these stakes to the Venezuelan state-owned oil firm, according to the Bloomberg sources. The report said the news was expected to be confirmed by the Venezuelan government on Wednesday, but as of the time of writing, there was no official confirmation.
Scatec ASA: The Guanizuil solar plant in Argentina starts commercial operation 2021/07/16 20:17:00 Intrado Digital Media
Oslo, 16 July 2021: Scatec and Equinor are pleased to announce that the 117 MW solar power plant in Argentina is now in commercial operation. The Guanizuil IIA plant is in the Province of San Juan in the northwest of Argentina.
Aquadrill awarded drillship contract by Equinor 2021/07/16 12:47:02 Splash
Aquadrill, formerly Seadrill Partners, an affiliate of John Fredriksens Seadrill Limited, has secured a one-well contract with Equinor for the 2013-built drillship in the US Gulf of Mexico. The total firm contract value is expected to be around $55m with commencement scheduled for October this year and running until April 2022. The drillship previously operated
Equinor looks to restart Tanzania LNG talks 2021/07/15 15:20:00 ICIS
MADRID (ICIS)--Norwegian producer Equinor could resume talks with the government of Tanzania about the countrys LNG export project. Equinor announced in January it was halting the development of