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Equinor, Norway's state oil company formerly known as Statoil, has faced criticism from environmentalists over its plans to drill the Great Australian Bight off the country's southern coast. A potential spill in the area would threaten the ecosystem and endanger the largest breeding populations of endangered southern right whales in the world.
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By Andy Rowell
First came BP, which went from British Petroleum to Beyond Petroleum. Then Denmark's Dong Energy changed its name to Orsted, to mark its departure from oil and gas. Then earlier this year Shell announced it was morphing from an oil company into an integrated energy company.
And now, the Norwegian company Statoil is proposing to change its name to "Equinor." The rebranding exercise—or what some may call greenwashing exercise—will cost as much as 250 million kroner or $32 million.
The world's first floating wind farm only switched on three months ago but it's already performing better than expected—and that's despite a hurricane, a powerful winter storm and waves as high as 8.2 meters (27 feet).
The 30-megawatt Hywind Scotland, located about 15 miles off the Aberdeenshire coast, churned out 65 percent of its maximum theoretical capacity during November, December and January, according to its operator, Statoil.
By David Leestma
The lawsuit, which focuses on local environmental damage and the contribution that oil extraction will make to climate change, challenges 10 licenses issued by the Norwegian government for exploration in the Barents Sea. Given to Statoil, Chevron and other oil companies, the licenses violate Norway's constitution and the Paris agreement, according to the plaintiffs. Government lawyers claim the case is a publicity stunt that risks valuable jobs.
Peaceful activists, including one American, from a Greenpeace ship, the Arctic Sunrise, have stalled Statoil's oil operations in the Barents Sea off the Norwegian coast. The activists entered the exclusion zone of Statoil's oil rig, Songa Enabler in the Barents Sea with kayaks and inflatable boats, while swimmers protested in the water with banners.
The activists plan to sustain the peaceful protest to stall Statoil's oil drilling as long as possible to send a message that the Norwegian government is failing its commitments to Norway's constitution and the Paris agreement. They are also displaying a constructed giant globe in front of the rig with written statements to the government.