|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||9.07 - 9.07|
|52-week range||5.18 - 9.45|
|Beta (5Y monthly)||1.48|
|PE ratio (TTM)||9.45|
|Forward dividend & yield||0.35 (3.82%)|
|Ex-dividend date||08 Oct 2021|
|1y target est||N/A|
Norway's Equinor and Russia's Rosneft have agreed to cooperate on cutting emissions of greenhouse gases from their joint oil and gas projects in Russia, the two energy firms said on Wednesday. The companies will seek to reduce emissions of methane and CO2, including by ending the routine flaring by 2030 of gas that comes as a by-product of oil production. They will also explore alternative energy such as wind turbines to power oil and gas installations and seek to apply carbon capture and storage to prevent emissions of climate-warming gases, the companies said.
Despite growing demand fears due to new outbreaks of covid across Asia, oil prices have remained resilient this week
Rosneft has held talks with international traders as well as big global oil consumers such as India and China about their possible participation in its massive Vostok Oil project, the Russian energy giant said on Friday. Vostok Oil is one of Russia's biggest oil projects, comparable in size with the exploration of West Siberia in the 1970s or the U.S. Bakken oil province over the past decade. Reuters reported last month that Rosneft was courting investments from global trading houses to help develop Vostok Oil after trading house Trafigura secured a 10% stake in the project.