Equinor Halves Renewable Investment, Boosts Oil and Gas Production
Equinor, a Norwegian energy giant, is halving its renewable energy investment to $5 billion over the next two years while increasing oil and gas production by 10%, citing lower-than-expected profitability in renewables and customer reluctance to long-term contracts; the company plans to proceed with...
Equinor Halves Renewable Investment, Boosts Oil and Gas Production
Equinor, a Norwegian energy giant, is halving its renewable energy investment to $5 billion over the next two years while increasing oil and gas production by 10%, citing lower-than-expected profitability in renewables and customer reluctance to long-term contracts; the company plans to proceed with...
Progress
52% Bias Score
Equinor Sued Over Alleged Human Rights Violations Linked to Delek Group
Greenpeace Norway is suing Equinor for potentially violating Norway's transparency act due to its partnership with Ithaca Energy, controlled by Delek Group—a company operating in illegal Israeli settlements and flagged by the UN for human rights concerns; the Rosebank oilfield deal could send £250 m...
Equinor Sued Over Alleged Human Rights Violations Linked to Delek Group
Greenpeace Norway is suing Equinor for potentially violating Norway's transparency act due to its partnership with Ithaca Energy, controlled by Delek Group—a company operating in illegal Israeli settlements and flagged by the UN for human rights concerns; the Rosebank oilfield deal could send £250 m...
Progress
44% Bias Score
Shell and Equinor Merge North Sea Assets, Creating Largest Independent Producer
Shell and Equinor are merging their UK North Sea oil and gas assets to create the region's largest independent producer, employing 1,300 people and aiming to produce over 140,000 barrels of oil equivalent per day by next year, despite facing declining production and environmental concerns.
Shell and Equinor Merge North Sea Assets, Creating Largest Independent Producer
Shell and Equinor are merging their UK North Sea oil and gas assets to create the region's largest independent producer, employing 1,300 people and aiming to produce over 140,000 barrels of oil equivalent per day by next year, despite facing declining production and environmental concerns.
Progress
40% Bias Score
Equinor Cuts Green Spending, Prioritizes Oil Production
Equinor, Norway's state oil company, announced a 50% reduction in its renewable energy investment to \$5 billion over two years, prioritizing oil and gas production, including the controversial Rosebank oilfield in the North Sea, to reach 2.2 million barrels per day by 2030, despite a court ruling a...
Equinor Cuts Green Spending, Prioritizes Oil Production
Equinor, Norway's state oil company, announced a 50% reduction in its renewable energy investment to \$5 billion over two years, prioritizing oil and gas production, including the controversial Rosebank oilfield in the North Sea, to reach 2.2 million barrels per day by 2030, despite a court ruling a...
Progress
48% Bias Score
Shell Halts New Renewable Energy Projects, Expands Oil and Gas Production
Shell announced it will cease new renewable energy development projects, focusing instead on maximizing existing assets, while significantly expanding its oil and gas production in the North Sea with Equinor. This follows a downturn in the renewable energy sector marked by cost increases, reduced ex...
Shell Halts New Renewable Energy Projects, Expands Oil and Gas Production
Shell announced it will cease new renewable energy development projects, focusing instead on maximizing existing assets, while significantly expanding its oil and gas production in the North Sea with Equinor. This follows a downturn in the renewable energy sector marked by cost increases, reduced ex...
Progress
48% Bias Score