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...While Statoil needed to ditch its second syllable in a new era of sustainability campaigning....
...Energy transition Investors challenge Equinor’s climate rhetoric It’s been six years since Statoil, Norway’s national oil and gas champion, changed its name to Equinor, reflecting its strategy to diversify...
...He had been poached from Statoil and was controversially awarded a £12mn golden hello (later downgraded to a performance bonus worth up to £10.6mn). Shell agreed to buy BG on April 8, 2015....
...Giacomo Romeo, at Jefferies, said Helge Lund, BP’s chair, may also be in the mix as a former chief executive of Norway’s Statoil (now Equinor) and BG Group....
...camilla.cavendish@ft.com Letter in response to this column: Facebook and Statoil, and their political rebranding / From Benjamin Wegg-Prosser, Co-founder, Global Counsel, London W1, UK...
...Equinor, formerly known as Statoil, said it had ramped up production of gas in Norway by 18 per cent to help meet European demand following the withdrawal of vast Russian volumes....
...Equinor, previously known as Statoil, has one of the largest exploration budgets in the industry....
...Equinor, the Norwegian state-backed energy company, which rebranded from Statoil in 2018, is now mapping out a vision for investors that it believes demonstrates the fuel’s wide range of potential uses....
...Equinor, as Statoil is now known, says the move added more than NKr2bn ($212m) to earnings within a year of its Johan Sverdrup rig going digital. The biggest savings come from shrunken payrolls....
...He took over Equinor, as Statoil is now known, in October 2014, when Brent crude was collapsing from $115 per barrel. He leaves in a year when oil has plunged by a third....
...Mr Saetre, a former finance director at the company previously known as Statoil, was initially reluctant to become chief executive but has steered the group through two sharp falls in the oil price and oversaw...
...The group, formerly known as Statoil, has already laid out plans to curb capital spending, exploration activities and axe costs by $3bn to preserve cash....
...These included founding a private equity fund of funds, becoming a director at Norwegian energy company Statoil and deputy chair of the UK Financial Reporting Council, and chairing the UK/US Committee on...
...Winchester points to Norway, where Equinor – formerly Statoil - “has been a champion of its entire supply chain” creating a commercially run state energy company whose value goes far beyond its publicly...
...Specialists from France’s Lafarge and Norway’s Statoil are helping with the operation, he added....
...Jacob Schram, a 57-year-old Norwegian, previously ran Statoil’s former petrol station business. He will take over at the airline on January 1....
...Until the beginning of this millennium the Norwegian continental shelf was controlled by a few big oil companies, including then state-run Statoil....
...Their energy-intensive portfolio included Aker Solutions, state-controlled Statoil (now Equinor), Fred Olsen Energy and — perhaps to diversify — Schibsted, one of Scandinavia’s biggest media groups....
...We like the following stocks: Allianz, Zurich and Gjensidige Forsikring Onto corporate, and there’s the usual slew of cash box placings from companies that can attach a plausible emerge-stronger story to...
...Statoil, now Equinor, was set up by the Norwegian government almost 50 years ago to develop the country’s oil and gas resources and is now one of the world’s biggest offshore operators....
...BP’s announced a strategic partnership with Equinor (which we used to call Statoil) to develop offshore wind energy in the US....
...Royal Dutch Shell and Equinor (formerly known as Statoil) are both trying to grow their offshore wind businesses, although these are still much smaller than Orsted’s....
...The irony of Mr Saetre’s strategy will not be lost on many: his state-controlled company, until last year known as Statoil, has been a key driving force behind the creation of Norway’s $1.1tn oil fund, ranked...
...Several companies, including Statoil of Norway and ConocoPhillips of the US, spent billions acquiring acreage and drilling in the so-called pre-salt oil blocks, once thought to contain prodigious quantities...
...Equinor, formerly known as Statoil, said however that it was cutting capex guidance to around $10bn for the year from $11bn previously, in a move that is likely to soothe investor fears that costs will start...
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