Equinor Cuts Renewable Energy Investments and Targets
Equinor is reducing its investments in renewables to boost returns for shareholders and adapt to an uneven energy transition, the...
archiveOil and Gas
Equinor Warns Windfall Tax May Discourage Its UK Investments
Equinor awaits clarity on the UK tax regime by the Labour government before strategizing and committing to investments in the...
Gabon Oil Company acquires Assala Energy oil production assets
(WO) – Under efforts to enhance Gabon’s position as a competitive oil and gas market, Gabon Oil Company (GOC) has...
Oil edges up on U.S. Fed rate signals, China property sector support
The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea off the coast of...
Oil prices fall on China property crisis worries
Russia held its spot as China's top oil supplier for a third month in July, data showed. Seen here is...
India oil minister Hardeep Singh Puri
Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of "de-dollarization"...
More Oil Sales Move to Non-Dollar Currencies
Oil has been priced in dollars for decades, one of the few predictable relationships in a commodity market that can...
Economic and political factors behind acceleration of de-dollarization
The U.S. dollar has been king in global trade for decades — not just because the U.S. is the world's...
