Equinor joins European energy groups in bumper profits
European energy majors are seeing a significant spike in earnings as post-pandemic demand rebounds, while consumer prices rise.
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European energy majors are seeing a significant spike in earnings as post-pandemic demand rebounds, while consumer prices rise.
Norway has approved the development plan for the first phase of the Equinor-operated Kristin Sør project at Haltenbanken in the Norwegian Sea.
According to GlobalData's report, the FSU had 116 active processing plants, with Russia leading with a gas capacity of 63,313MMcfd.
Whiting Petroleum has signed two agreements to acquire non-operated oil and gas assets in the Williston basin of North Dakota, in the US.
Repsol is exploring the sale of some of its oil and gas assets in Canada later this year to capitalise on the higher oil and gas prices.