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Nora Buli

FILE PHOTO: Snow covers the roofs of the so-called "Alter Flecken" (old spot), the historic core of Freudenberg with its half-timbered houses from the 17th century in the heart of the federal state of North Rhine-Westphalia near the city of Siegen, Germany,  January 19, 2024.   REUTERS/Wolfgang Rattay/File Photo
ChemicalsElectricityFuelIndustryLiquefied Natural GasManufacturingNatural GasNews

Analysis: Gas price shock set to add to Europe’s industrial pain

EU gas demand is 17% below the five-year average observed during pre-pandemic years — but it is still vulnerable to price shocks.

A view of Equinor's LNG facility in Melkoeya, outside Hammerfest, Norway January 31, 2023. Ole Berg-Rusten/NTB via REUTERS/ File Photo
BusinessElectricityFuelNatural GasNewsOilWind

Equinor eyes lower spending on renewables after Orsted transaction

Equinor may cut renewable investments by 2030 after buying a $2.5B stake in Orsted, citing better access to wind assets.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little//File Photo
BusinessElectricityFuelIndustryInfrastructureNatural GasNewsOilSolarStorageWind

Equinor buys 9.8% stake in wind developer Ørsted

The investment makes Equinor the second largest shareholder in Ørsted after the Danish government.

FILE PHOTO: A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. REUTERS/Nora Buli/File Photo
BusinessCarbon ManagementElectricityFuelNews

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

OSLO – Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and...

FILE PHOTO: Solar panels are pictured at a solar energy park in Saelices, Spain, May 11, 2022. Picture taken with a drone. REUTERS/Guillermo Martinez/File Photo
AnalysisElectricityHydropowerInfrastructureReportsSolarStorageWind

Europe’s solar power surge hits prices, exposing storage needs

Mismatch between demand and supply as solar power generation soars could shift investment to much needed storage solutions

The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/ File photo
BusinessNewsWind

Equinor upbeat about investor interest in US offshore wind farm

Revised contract from state authorities changes economics for New York wind farm, says Equinor CFO.

ElectricityNatural GasNewsStorageTransmission

UK can meet gas, power demand: transmission operators

There are sufficient supplies of gas and electricity to meet the UK's energy demand from April to September this year, due to lower...

Carbon ManagementHydrogenNatural GasNewsOilPoliticsStorageWind

‘Stick to your plan’: Norway PM backs Equinor’s green energy agenda

By Nora Buli OSLO (Reuters) – Norwegian energy firm Equinor, which is majority state-owned, should stick to a plan of growing its renewable...

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