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#equinor

1 post1 participant0 posts today

Here's even more #Trump #idiocracy, in that the #federal government of the #US has put a stop to a project that #Equinor already has sunk $1.5bn into - meaning the US government just kicked the beehive of the giant #SovreignWealthFund of #Norway.

This is tantamount to robbing someone and then spitting in their face. Equinor is considering what legal route they can take.

Equinor (OSE: EQNR, #NYSE: #EQNR) stops building at sea in the #EmpireWind project
newsweb.oslobors.no/message/64

newsweb.oslobors.noNewsWeb

„Über 60 Jahre lang haben die Fossil-Giganten im Nigerdelta mit verheerender Gründlichkeit das schwarze Gold aus der Erde geholt. […] Millionen Einheimische, besonders die Landbevölkerung, sollen nun alleine mit den Folgen klarkommen.“

ipg-journal.de/regionen/afrika

IPG Journal · Die Ölriesen verlassen das Nigerdelta: Flucht vor VerantwortungBy Zikora Ibeh

BP is NOT SORRY!

"BP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas production.

"The energy giant revealed the shift in strategy on Wednesday following pressure from some investors unhappy its profits and share price have been lower than its rivals.

"BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously planned funding for renewables by more than $5bn (£3.9bn).

"The move comes as rivals #Shell and Norwegian company #Equinor have also scaled back plans to invest in green energy and US President Donald Trump's '#DrillBabyDrill' comments have encouraged investment in #FossilFuels."

bbc.co.uk/news/articles/c3374e
#BPKnew #ExxonKnew #BigOilAndGas #ClimateCrisis #ClimateCatastrophe #ThanksBigOil #Oiligarchy

Die #Ölmultis bekommen es noch nicht einmal hin, die zukünftigen #Claims abzustecken.

BP plant, seine #Investitionen in erneuerbare Energien zurückzufahren und stärker auf #Öl und #Gas zu setzen.

Der Konzern reagiert damit auf sinkende Gewinne und folgt ähnlichen Schritten von #Shell und #Equinor.

bbc.com/news/articles/c30d4ern

www.bbc.comBP profits drop as it says it will reset strategyThe oil giant is widely expected to say it will scale back on renewables later this month.

Norwegian firm lobbying to open #Rosebank oilfield halves green investments - theguardian.com/world/2025/feb "State-owned #Equinor becomes latest fossil fuel firm to backtrack on clean energy pledges with move to halve budget to $5bn" another reason to stop rosebank

The Guardian · Norwegian firm lobbying to open Rosebank oilfield halves green investmentsBy Jillian Ambrose