Equinor ASA EQNR, the Norwegian integrated energy firm, has received the approval of the Norwegian Ocean Industry Authority (Havtil) to conduct drilling activities in a field located offshore Norway.

Oil markets, along with Wall Street, began a free fall on April 2 when Trump announced the new tariffs on trading partners.

Like Texas, the Permian Basin was down three rigs to 294 rigs for the week and the lowest level since February 2022. The ...