Shell and Equinor to create Britain's largest independent oil and gas company in joint venture [MSNBC.com]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: MSNBC.com
The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea off the coast of Norway, on Monday, Feb. 13, 2023.Bloomberg | Bloomberg | Getty ImagesOil majorShellThe joint venture will be established in Aberdeen, Scotland in an effort to sustain fossil fuel production and the security of energy supply in the U.K. It is expected the company will produce more than 140,000 barrels of oil equivalent per day in 2025.Shares of Shell dipped 0.8% at around 8:40 a.m. London time, while Equinor's stock price rose 0.3%."Domestically produced oil and gas is expected to have a significant role to play in the future of the UK's energy system," Zoë Yujnovich, integrated gas and upstream director at Shell, said in a statement."The new venture will help play a critical role in a balanced energy transition providing the heat for millions of UK homes, the power for industry and the secure supply of fuels people rely on," Yujnovich added.The joint venture is set to include E
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EQNR
News
- Equinor ASA (NYSE: EQNR) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
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- Equinor, Var Energi Explore Tie-Back Policy for New Barents Sea Oil Find [Yahoo! Finance]Yahoo! Finance
- Oil and gas companies operating in Norway projected to invest $25bn in 2025 [Yahoo! Finance]Yahoo! Finance
EQNR
Earnings
- 10/24/24 - Beat
EQNR
Sec Filings
- 12/17/24 - Form 6-K
- 12/13/24 - Form 6-K
- 12/12/24 - Form 6-K
- EQNR's page on the SEC website