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#Equinor

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Trump admin lifts hold on #offshore #windfarm, doesn’t explain why
Reasons for the hold were never backed up, and nobody's explaining why it ended.
#EmpireWind is a large project being built off #LongIsland by #Equinor, Norwegian energy company. The first of two phases, Empire Wind 1, will have an 800MW capacity and has already received permitting and environmental approval. #BOEM indicates a review of its approval is ongoing, but construction can resume during the review
arstechnica.com/science/2025/0

Ars Technica · Trump admin lifts hold on offshore wind farm, doesn’t explain whyBy John Timmer

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

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

Norwegian state oil giant, #Equinor (the owner of the now-unlawful #Rosebank oil field), has today announced full year global pre-tax profits of £24 billion, bringing the total it has earned since the start of the energy crisis to an enormous £141 billion

#great
🙄

So yeah, #Norway might leave the #parisagreement and I'm sort of fine with that.

Let's face facts, #Equinor has put Norway into the luxury trap of being a #petrolstate , and as such most people are not willing to give it up.

It makes us seem tone-deaf too when #western leaders told the global south to ditch #oil and #coal, which the global south replied to with a "you first."

Now the only thing I'm telling my countrymen is they'd better get ready to welcome #ClimateRefugees with open arms.