Equinor

Companies find it’s not so simple to leave Russia

When Russia invaded Ukraine, global companies were quick to respond, some announcing they would get out of Russia immediately, others curtailing imports or new investment.

Billions of dollars' worth of factories, energy holdings and power plants were written off or put up for sale, accompanied by fierce condemnation of the war and expressions of solidarity with Ukraine.

Norwegian firm eyes offshore wind parks

Norway's energy giant Equinor sees good potential for building floating offshore wind parks in Greece as long as the country adopts a regulatory framework for the technology.
Equinor, one of the world's largest oil and gas producers, operates Hywind park in Scotland, the world's first floating offshore wind park, and is struggling to find new renewables projects to invest in.

One of the Poorest South American Countries can Become One of the Richest

Discovered resources globally of conventional oil and natural gas surpassed 4.5 billion barrels of oil equivalent in the first half of 2018, making for an exciting recovery with Guyana leading the way, according to analysis by Rystad Energy. Average monthly discovered volumes are 826 million barrels of oil equivalent. This is a 30% increase from 2017.