PGNiG to acquire Tommeliten interests from Equinor

PGNiG will acquire non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf in the greater Ekofisk area from Equinor for $220 million. Equinor will divest its 42.38% interest in the Tommeliten Unit (PL…

Climate change positioning

Some oil companies are addressing climate change through various initiatives, including ongoing investments in alternate energy and supporting a new political action committee dedicated to passage of a US carbon tax.