MF3d Standard Lithium Ltd. (NYSE:SLI) announced some rather large news recently. In this article, we are going to explore the partnership with Equinor (EQNR) and what it means for SLI from a big picture viewpoint. Note: If you want a detailed explanation of the Standard Lithium projects, please read our coverage from last month. That explains in great detail all project costs and should be considered "required reading" for those not familiar with Standard Lithium. Acceleration of The Lanxess Project In ...

Equinor ASA (EQNR) has announced a major investment in lithium, the critical mineral powering the electric vehicle (“EV”) revolution. The company has acquired a 45% share in two lithium project companies based in Southwest Arkansas and East Texas, previously managed by Standard Lithium Ltd.Per the deal, Equinor will pay Standard Lithium $30 million to cover past expenses related to the projects proportional to the acquired interest. Moreover, Equinor has committed to carrying $33 million in capital expendit ...

VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. ("Standard Lithium" or the "Company") (TSXV:SLI) (NYSE:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the closing of a landmark strategic partnership (the "Transaction") with Equinor ASA (NYSE:EQNR), a multinational energy company and recognized leader in renewables and low-carbon solutions, to accelerate the development of Standard Lithium's large-scale, sustainable lithium projects i ...

Equinor ASA (EQNR) , the Norwegian state-owned energy giant, has announced a strategic collaboration with SLB (SLB) and the Subsea Integration Alliance, including OneSubsea and Subsea7 (SUBCY) , to advance exploratory efforts in Norway's Wisting field and Canada's Bay du Nord field.The agreement, which was signed in Stavanger, Norway, marks a significant step forward in the development of these offshore projects. It lays the groundwork for early information exchange, technological innovation and collaborati ...

Equinor ASA (EQNR) reported first-quarter 2024 adjusted earnings per share of 96 cents, which beat the Zacks Consensus Estimate of 78 cents. However, the bottom line declined from the year-ago quarter’s figure of $1.13.Total quarterly revenues declined to $25,135 million from $29,224 million in the prior-year quarter. However, the top line beat the Zacks Consensus Estimate of $25,030 million.Better-than-expected quarterly results can be attributed to increased production across major segments. This was part ...

Good morning, Torgrim and Bard. Thanks for taking my questions. Two questions from me. I just want to follow up on [indiscernible]. I understand that this is a complicated competent field and complicated operations we currently are carrying out. But I just wonder for 2025. And we know that the field is coming off plateau. What should we model in terms of spare production next year? Will it be 5%, 10% or 15% below the Q1 2024 production, any like kind of thoughts or guesses around that would be useful? Yeah, ...

Open Torgrim Reitan Chief financial officer Highlights 0.96 USD − Solid financial results and cashflow − MMP delivering above guided range − Power-from-shore to the Sleipner and Gudrun fields on NCS − Empire Wind 1 awarded new offtake agreement − Ordinary cash dividend of USD 0.35 per share and extraordinary dividend of USD 0.35 per share. Second tranche of the share buy back of up to USD 1.6 billion 7.5 BN USD 2.7 BN USD 5.8 BN USD Adjusted earnings per share Open 25 April 2024 Serious Incident Frequency ( ...

Equinor ((OSE: EQNR, NYSE:EQNR) will after the annual general meeting 14 May 2024 commence the second tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the first quarter results 25 April 2024. Execution of share buy-back under this second tranche is subject to renewal of a board authorisation for share buy-back from the annual general meeting 14 May 2024 and agreement with the Norwegian State regarding share buy-back. In this second tranche of the share ...

Key information relating to the cash dividend to be paid by Equinor ((OSE: EQNR, NYSE:EQNR) for first quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 15 August 2024 Ex-date Oslo Børs: 16 August 2024 Ex-date New York Stock Exchange: 19 August 2024 Record date: 19 August 2024 Payment date: 28 August 2024 Date of approval: 24 April 2024 Other information: The cash dividend per share in NOK will be communicated 23 Augu ...

Equinor ((OSE: EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 7.53 billion and USD 2.57 billion after tax in the first quarter of 2024. Equinor reported net operating income of USD 7.63 billion and net income at USD 2.67 billion. Adjusted net income* was USD 2.84 billion, leading to adjusted earnings per share* of USD 0.96. Financial and operational performance Strong operational performance and productionSolid financial results and cash flowHigh results from marketing and trading Strategic pr ...