Equinor ASA Announces Reorganization and New Business Units

Equinor ASA, a leading energy company, has announced the formation of a new power unit to focus on rising data center demand. The company is reorganizing its power division to better meet the growing need for renewable energy and power solutions.

Key Developments

• A new business unit has been established to exploit the increasing demand for power.
• The company’s power division is being reorganized to focus on renewable energy and power solutions.

Market Impact

Equinor’s stock price has been affected by the global market turbulence, with the Nordic stock market experiencing a decline.

Q1 Trading Results

• Equinor’s oil and gas trading results for Q1 are expected to be weak.
• The company’s liquids and LNG trading results are also expected to be lower.

Note

The company’s announcements come as the global energy market continues to evolve.