Equinor's (OSE: EQNR, NYSE: EQNR) Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures.

“This development of low carbon and renewable hydrogen will accelerate the construction of new hydrogen infrastructure and the repurposing of current natural gas infrastructure, thus paving the way for net zero in 2050,” Engie and Equinor said in a statement.

The two companies will also establish a strategic partnership in the US offshore wind sector, seeking new opportunities.

The execution of the award is subject to negotiating a power purchase agreement (PPA), Equinor said on Wednesday.

ПАО «НК «Роснефть» и Equinor закрыли сделку, в результате которой норвежская компания приобретает 49% ООО «КрасГеоНац».

IFRS net income was negative USD 2.12 billion in the third quarter, down from negative USD 1.11 billion in the third quarter of 2019.

bp, Eni, Equinor, National Grid, Shell and Total form Northern Endurance Partnership to develop ‎offshore carbon dioxide infrastructure in the UK North Sea, with bp as operator

Gazprom’s share was around the average of the past three years, edging down by 1% from the previous year to 32%. But it was the first year-on-year drop since 2014-2015, when it was hit by low gas demand in Europe.

Equinor reports adjusted earnings of USD 3.15 billion and USD 1.13 billion after tax in the second quarter of 2019. IFRS net operating income was USD 3.52 billion and the IFRS net income was USD 1.48 billion.

Equinor ASA (OSE: EQNR, NYSE EQNR) has agreed with Lundin Petroleum AB to divest a 16 percent shareholding in Lundin Petroleum for a direct interest of 2.6 percent in the Johan Sverdrup field and a cash consideration of around USD 650 million.