June 2023

Three New China-Russia-Iran and Iraq Agreements Confirm The New Oil Market Order

Leave a Comment / world oil /

The last week or so has seen a flurry of major cooperation agreements – including in energy, security, and logistics – between various permutations of Iran, Iraq, Russia, and China. Like a very dark version of the old U.S. soap opera parody ‘Soap’ this real-life version is equally convoluted, albeit a lot less funny. Its […]

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Equinor Regains $108MM Shares in Buyback’s Second Tranche

Leave a Comment / finance /

Equinor ASA has redeemed over $108 million (nearly NOK 1.21 billion) worth of own shares under the $550-million second tranche of its 2023 buyback program. The Norwegian energy company had already spent $1 billion in the first tranche. As Equinor saw a five percent increase in quarterly profit to $4.966 billion in January-March 2023, it

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