Equinor – Latest stories from Nourish

a { color: #880000 !important; background: #ffeeee !important; } Latest News from NourishThe Nourish Mission (formerly OneSub)Search Nourish (formerly Charlie)Why is Equinor in the news at the moment?

Equinor has recently been in the news for its efforts to transition towards renewable energy sources, such as offshore wind projects and investments in hydrogen production. The company has also faced scrutiny for its continued oil and gas operations, with calls for more aggressive action to reduce carbon emissions. Equinor, formerly known as Statoil and StatoilHydro, is a Norwegian energy company established in 1972. It is one of the largest producers of oil and natural gas in Europe and operates in various countries worldwide. The company has been a key player in Norway's oil industry and has expanded its operations to include renewable energy projects in recent years. Equinor is known for its focus on sustainability and has set ambitious targets to reduce its carbon footprint and increase investments in renewable energy sources.

Stories involving Equinor

Renewable Energy Projects Face Local Opposition

Nassau County Executive Bruce Blakeman is intensifying opposition to renewable energy projects, particularly the Empire Wind 1 offshore wind farm and lithium-ion battery storage facilities. His stance reflects broader tensions over environmental impacts and local economic concerns, as New York aims for significant renewable energy targets by 2030 and 2040.

Trump Halts Empire Wind Project Construction

The Trump administration has paused construction on the Empire Wind project off Long Island, raising concerns about New York's renewable energy goals and local job creation. The project, which aims to power 500,000 homes, has faced criticism for its cost and environmental impact. Mayor Adams is urging the revival of the initiative.

Wind Power Projects Face Political Challenges

As of April 25, 2025, the wind power industry is grappling with significant political hurdles. President Trump's administration has halted key projects, including the Empire Wind Project off Long Island, while companies like Radia push for innovations like the WindRunner aircraft to transport larger turbine blades. The future of wind energy remains uncertain amid these developments.

Alaska LNG Project Gains Momentum

The Alaska LNG project, a key part of President Trump's energy agenda, is advancing as negotiations continue between a consortium of companies and the government. A summit in June aims to secure investment commitments from Japan and South Korea, following Taiwan's recent agreement to purchase gas. Challenges remain, but interest is growing.

Energy Crisis Sparks Renewed Nuclear Interest

The recent blackout in Spain highlights the growing energy insecurity as reliance on renewables increases. The Trump administration's policies threaten renewable energy growth, crucial for powering AI and data centers. Experts warn this could lead to energy shortages, pushing operators towards fossil fuels, while nuclear power emerges as a potential solution.

Renewable Energy Projects Face Major Setbacks

The renewable energy sector is grappling with significant challenges as major projects like Equinor's Empire Wind and Ørsted's Hornsea 4 are halted or canceled. Political decisions and economic pressures are impacting the industry's growth and the UK's clean energy targets for 2030, prompting calls for strategic investment and a phased approach to project delivery.

Offshore Wind Projects Face Major Setbacks

The offshore wind sector is experiencing significant challenges as Ørsted cancels its Hornsea 4 project due to rising costs and execution risks. This decision raises concerns about the UK's renewable energy targets, particularly the goal of decarbonizing electricity generation by 2030. Other projects are also being paused, highlighting the industry's precarious situation.

Empire Wind Project Construction Resumes

Construction on Equinor ASA's Empire Wind project has resumed after a stop-work order was lifted following negotiations between New York Governor Kathy Hochul and President Donald Trump. The project aims to provide renewable energy to 500,000 homes in New York and supports 1,500 jobs. This agreement marks a significant political collaboration.

Centrica Signs £20bn Gas Deal with Equinor

Centrica has finalized a £20 billion agreement with Norway's Equinor to supply 5 billion cubic meters of gas annually until 2035, meeting nearly 10% of the UK's gas needs. The deal includes provisions for future hydrogen sales, aligning with the UK's net zero goals.