BW Offshore announced Q1 2026 results with EBITDA of $47.9 million and operating cash flow of $43.3 million. Production on the BW Opal FPSO resumed after maintenance, with full commissioning expected by mid-2026. The company signed a FEED agreement with Equinor for the Bay du Nord FPSO project and extended the BW Catcher contract through 2030, boosting firm cash flow backlog by $490 million. Due to operational adjustments, the full-year EBITDA guidance was revised down to $310-340 million from $340-370 million. BW Offshore continues to focus on FPSO growth, strategic partnerships, and floating energy transition solutions, while maintaining a strong liquidity position of $568 million.
Equinor delivered robust Q1 2026 results with $9.8 billion in adjusted operating income and a 9% increase in oil and gas production, exceeding 2.3 million barrels per day. The company supports a dividend yield above 4% and $1.5 billion in annual shar...
Investor Zoltan Ban predicts a significant global demand destruction event this year, potentially causing a major stock market selloff as soon as this summer. He believes current oil market forecasts underestimate supply shortfalls, with inventory de...
The U.S. Department of Energy has completed its National Environmental Policy Act review of the Smackover Lithium South West Arkansas Project, issuing a Finding of No Significant Impact (FONSI). This approval means the project can proceed without add...
Equinor ASA has finalized and published the minutes from its Annual General Meeting held on May 12, 2026. The meeting included approval of the annual report and accounts for 2025. This update provides transparency and details on the company's governa...
Equinor ASA shares will trade ex-dividend on the Oslo Stock Exchange starting May 13, 2026, for the fourth quarter of 2025. The dividend amount is set at $0.39 per share, paid in USD. This follows the company's recent annual general meeting where the...
