Equinor

If the coming winter is unusually cold, Germany’s gas storage facilities could be empty as early as early February according to model calculations, which would increase demand for gas deliveries. Currently storage levels are around 54 percent, well below last year’s level, and injections are delayed despite booked capacities. As the largest gas producer in Western Europe, Equinor is seen as the main beneficiary of the tight situation; the stock recently reached a new all-time high and remains attractively valued because of its dividend and chart performance. Experts are calling for political incentives to accelerate injections, while the Federal Network Agency currently describes the supply situation as secure. » More on deraktionaer.de

German gas storage is at a record low of 49% full — the emptiest level since records began; a year earlier it was 67% at the same time. The Federal Ministry for Economic Affairs currently sees no acute gas shortage but stresses that supplies are secured via pipelines from Norway, LNG terminals and neighboring countries. High prices after the Iran war are boosting Equinor’s revenues: Q2 pipeline gas prices rose sharply and adjusted operating income was $11.48 billion. Equinor reports production at capacity and can direct volumes primarily to higher‑priced markets, supporting margins. » More on deraktionaer.de

Equinor has signed an agreement to acquire a 17.4% interest in the offshore exploration license PEL 90 in the Orange Basin off Namibia from a Chevron subsidiary. The acquisition marks Equinor’s market entry into Namibia and provides access to a drill‑ready prospect with planned testing in 2026; financial terms were not disclosed. The transaction is intended to strengthen Equinor’s international portfolio; other license partners include QatarEnergy, Trago Energy and state oil company NAMCOR. » More on de.investing.com