Equinor divests stake in Canada oil sands producer Athabasca

Norway’s Equinor said on Wednesday it has sold its stake in Athabasca Oil, a Canadian firm producing carbon-intensive oil sands. Majority state-owned Equinor sold 100 million shares, representing an 18.8% stake in Athabasca for a total of 18 million Canadian dollars ($14.2 million). Equinor, formerly called Statoil, received the shares in 2017 as part of [Read more]

Source: Oil & Gas News Headlines | BOE Report

Key Takeaways from the SCOTUS Baltimore Climate Case Hearing

Today’s arguments before the U.S. Supreme Court in the City of Baltimore’s climate litigation case went as both parties expected –  focused on an arcane procedural rule. The Supreme Court justices raised an array of questions, delving into the procedural questions at hand as well as the broader questions of the underlying case.

In the end, one justice called ...

Source: Energy In Depth