- Benzinga
Equinor Pumps Millions Into Standard Lithium's Sustainable Projects
Equinor ASA (NYSE:EQNR) has entered into a strategic partnership with Standard Lithium Ltd (NYSE:SLI), a near-commercial lithium development company. This partnership aims to expedite the advancement of Standard Lithium’s sustainable lithium projects in the Smackover Formation. The transaction, valued at up to $160 million, marks Equinor’s entrance into the lithium sphere. Equinor has a 45% ownership stake in Standard Lithium’s projects. This includes a $30 million cash payment upon closing and
- Bloomberg
Brazil’s Oil Juniors Hunt for Mergers After Shift at Petrobras
(Bloomberg) -- Petrobras’ shift away from oil-field divestment is motivating a pivot by Brazil’s junior drillers to corporate acquisitions as the most-viable expansion strategy.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortEinhorn Says Markets Are ‘Broken.’ Here’s What Data ShowsThe independent Brazilian crude producers that grew the most from
- Zacks
Equinor (EQNR) SLB & Subsea7 Join Forces for Offshore Projects
Equinor's (EQNR) collaboration with SLB and Subsea7 is set to transform offshore exploration, unlocking vast reserves at Norway's Wisting and Canada's Bay du Nord fields.
