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Equinor to pay large fine in rig dispute

A court has ruled that Equinor did not have the right to terminate a drilling rig contract prematurely. Now the Norwegian oil major must pay a large fine to the Chinese company, reports Dagens Næringsliv.

Photo: COSL

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Rockwool fights capacity battle

After a successful Q1, Rockwool's CEO Jens Birgersson boosts production capacity investments in order to avoid bottle necks. The CEO also has high expectations for investments in energy efficiency on a global scale.

Total CEO: Oil could surge to USD 100 per barrel

Patrick Pouyanne, CEO of French oil major Total, would not be surprised to the see oil price reach USD 100 in the months to come. On Thursday, crude climbed to USD 80 per barrel for the first time in four years.

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