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Exclusive: Equinor considers more US asset sales in global strategy revamp

Category: Business News

OSLO (Reuters) – Norway’s Equinor is looking to sell more assets in the United States and exit several other countries as part of a major global reshuffle as it tries to return to profit after writing down $25 billion of U.S. assets over the past decade. While the company, like other energy majors, has been […]

Source: Reuters

Published: May 6, 2024


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Yara proposes NOK 20 per share dividend, establishes Clean Ammonia unit

Category: Business News

Yara reports improved fourth-quarter deliveries, offsetting the impact of higher energy cost. Fourth-quarter net income was USD 246 million (USD 0.93 per share) compared with USD 199 million (USD 0.73 per share) a year earlier. “Yara delivers its tenth consecutive quarter with improved capital returns, with increased deliveries and production offsetting the impact of higher […]

Source: GlobeNewswire

Published: February 9, 2021


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Kongsberg Digital Enters Partnership With Nautilus Labs

Category: Business News

Kongsberg Digital and Nautilus Labs are pleased to announce a partnership to include the Nautilus Platform fleet and voyage optimization tool in the Kognifai open ecosystem.

Source: Kongsberg

Published: February 12, 2021


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U.S. Chamber of Commerce Appoints First Woman C.E.O.

Category: Business News

Suzanne Clark will become the first woman to lead the century-old group when the change takes effect on March 11. The U.S. Chamber of Commerce on Tuesday appointed Suzanne Clark as its next chief executive, one of the most powerful jobs in business, ending a 24-year run by Thomas J. Donohue. Ms. Clark will have […]

Source: The New York Times

Published: February 9, 2021


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Equinor sells its US onshore assets in the Bakken

Category: Business News

Equinor (OSE: EQNR, NYSE: EQNR) has agreed to divest its interests in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, backed by EnCap Investments, for a total consideration of around USD 900 million. The transaction covers all of Equinor’s operated and non-operated acreage, totalling 242,000 net acres, […]

Source: GlobeNewswire

Published: February 10, 2021


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