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Norwegian oil company Equinor completes oilsands exit by selling Athabasca Oil shares

CALGARY Norwegian oil giant Equinor ASA says it has completed its exit from the Canadian oilsands by selling the 18.8 per cent stake in producer Athabasca Oil Corp. it acquired three years ago. The Stavanger, Norway-based company, formerly known as Statoil, says it sold 100 million shares in the Calgary-based company on Tuesday for […]

Norwegian oil company Equinor completes oilsands exit by selling Athabasca Oil shares | iNFOnews

Norwegian oil firm Equinor completes oilsands exit

Pilot suffers non-life threatening injuries in Platte County plane crash

Pilot suffers non-life threatening injuries in Platte County plane crash Thinkstock and last updated 2021-01-10 19:31:17-05 KANSAS CITY, Mo. — One person suffered serious injuries when a small plane crashed in Platte County Saturday afternoon. According to the Platte County Sheriff s Office, a small plane crashed at Noah s Ark Airport on NW River Road in Waldron, Missouri just after 12 p.m. The pilot was the only person on board and was transferred to an area hospital with serious, but non-life threatening injuries. Maj. Erik Holland, of the Platte County Sheriff s Office, said the crash occurred as the plan attempted to land.

Equinor Buys Stake in Russia Oil Venture for $550 Million

Nora Buli, Reuters Your browser does not support the audio element. Equinor ASA has agreed to buy a 49% interest in Russian onshore petroleum assets from Rosneft for $550 million, the Norwegian oil company said on Dec. 11. The payment is for a stake in limited liability company LLC KrasGeoNaC (KGN), which holds 12 conventional onshore exploration and production licenses in eastern Siberia, Equinor said. One of the 12 licenses covers the North Danilovsky development, which started operations in July and is expected to produce 40,000 bbl/d of oil by 2024, with subsequent plans to increase this to 70,000 bbl/d, it added. The deal also meant Equinor was no longer participating in offshore activities in the Sea of Okhotsk.

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