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The EPA has denied a permit for an offshore oil terminal proposed on the Gulf Coast, ruling that the Bluewater Texas terminal would need to reduce its air pollution by about 95 pct.

Callon Permian has been fined roughly $1.3 million for excess emissions at the company's facilities in the West Texas Permian Basin.

A competitive solicitation for the funding will enable a broad range of eligible U.S. entities to apply.

The funding will help states support industry efforts to cut methane emissions from wells on nonfederal lands and support environmental restoration of well sites.

'These assets have among the lowest breakeven prices in Appalachia...'

The transaction will result in Equinor no longer having operated assets in the U.S. onshore.

U.S. natural gas producer EQT Corp agreed to buy back former unit Equitrans Midstream Corp for about $5.5 billion in stock.

BP has acquired a stake in Equinor's controversial Bay du Nord project and sold its interest in the Sunrise oil sands project in an agreement reached with Cenovus Energy.

Equinor spent $8.6 billion in 2022 on exploration and the operation and modification of its fields.

Norwegian energy giant Equinor and UK's Centrica have announced an agreement to deliver additional gas supplies to the UK.