Tuesday, October 28, 2025
Six Norway oil and gas fields shut as strike escalates- oil and gas 360

Equinor to cut exploration staff by 30 per cent

Norwegian energy giant Equinor has decided to reduce its exploration staff by 30 per cent as the Covid-19 pandemic reduces oil demand. In a statement sent to Offshore Energy, a spokesperson for Equinor said the planned reduction in positions in Equinor’s exploration organisation is around 30 per cent and it will affect both international locations and Norway. Over a period

NextEra's Duke Energy bid faces plethora of regulatory hurdles- oil and gas 360

NextEra’s Duke Energy bid faces plethora of regulatory hurdles

Reuters NEW YORK – NextEra Energy Inc Chief Executive James Robo joked last week he does not pursue small acquisitions because the reward is not worth the “brain damage” of getting them past regulators. Yet his $65 billion-plus pursuit of Duke Energy Corp will only pay off if he can overcome major regulatory hurdles in putting together the biggest ever