Grupo Santander on Thursday upgraded Finnish oil refiner Neste (NESTE.HE) to neutral from underperform and raised its price target to 28.00 euros from 25.50 euros.
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BP (BP.L) remains engaged in discussions with the United Steelworkers Local 7-1 bargaining committee for the Whiting refinery in Indiana, US.The oil and gas giant said Wednesday that the parties "remain far apart" on critical proposals related to the refinery, reiterating its commitment to good faith negotiations.The ongoing labor dispute has not impacted operations at the site, BP noted.
Equinor's (EQNR.OL) Equinor Brasil Energia agreed to sell a 50% stake in the Itaimbezinho block in the offshore area of the Campos Basin to Petróleo Brasileiro - Petrobras (PJXB.F), according to a Wednesday release.Upon deal closing, the consortium for the Itaimbezinho block will comprise the Norwegian energy company, the operator with a 50% stake, and Petrobras, which holds the remaining 50%.
Awilco LNG (ALNG.OL) said Wednesday its name change to ALNG has been registered with the Norwegian Register of Business Enterprises.Euronext Oslo Børs is set to implement the liquefied natural gas transportation company's name change shortly. The company, meanwhile, will keep its ticker.