Did you know that 99% of the energy Equinor produces is from fossil fuels?
Norway´s state-owned oil company Equinor is aggressively pursuing new oil and gas fields all over the world. Instead of transitioning to clean, green energy in line with climate science, its investments, workforce and capital are tied up in fossil fuel projects.
Norwegian oil company Equinor is aggressively exploring and developing new and existing oil and gas fields globally. Knowledge about its global operations are limited to many, which allows the state-owned company to control the narrative and push a false image of its transition towards renewable energy.
Use #EquinorOut to learn more about Equinor global oil and gas projects, and to find out about the global campaign and how you can get involved.
.webp)
Even though Equinor spent millions on rebranding itself away from Statoil to signal how it was moving towards becoming a «broad energy company», it is still very much a fossil fuel company. More than 99% of all the energy Equinor produces are fossil fuels, while less then 1% is renewable energy. Equinor is painting a false picture of its effort to become a climate-neutral company by 2050 by championing false climate solutions that actually prolong the life of oil and gas, like carbon capture and storage (CCS) and electrification of oil and gas production. This happens while the company is doubling down on more oil and gas.
Equinor’s Energy Transition Plan, published in 2022, aims to give an overview of its action to become a net zero company by 2050. It lacks information on how the company plans to meet its carbon intensity targets in 2030, 2035 and 2050. Equinor has stated that it plans to continue to increase production of oil and gas until 2026, and want 2030 production levels to be 'on par' with today.
It is clear that governments and companies need to cut emissions to reach climate targets. However, Equinor is hiding behind low-carbon solutions like carbon capture (CCS), blue hydrogen and platform electrification. In 2023, only 17,6% of Equinor´s investments went to renewables.
New investments in oil and gas projects will in many countries hurt the local population and local economies, from the fishing industry in Argentina to the public spending in the UK. Additionally, it ties up capital that should be used for renewable energy investments.
Equinor is active in 30 countries across the world, with operative oil fields in Europe, the Americas, Africa and Asia. Not only is Norway’s majority state-owned oil and gas company continuing to aggressively extract oil and gas, it is also rapidly exploring new oil and gas fields all over the world. Equinor is pushing for continued fossil fuel dependency and thereby tying up local investments that could help the transition to renewable energy.
Read moreEquinor is producing oil and gas without consideration of marine life biodiversity, local communities and increased greenhouse gases and CO₂ emissions. Local communities who depend on income from tourism or industry are being left behind, capital that could be invested in renewable energy sources is tied up, and national governments are wavering from their climate goals. The consequences of Equinors operations can be seen and felt all over the world, from Norway and the UK, to Brazil and Argentina.
If we’re going to get Equinor out of oil & gas, we’ll need everyone. Together we can build enough pressure on Equinor and the Norwegian Government to get Equinor out of oil and gas and instead invest in a nature-friendly renewable energy. Click through to take digital action on Equinor, wherever you are.
Read more.webp)
Are you an organisation, local group or part of a network campaigning against fossil fuel companies or a specific fossil fuel project in your country? We’d love to hear from you and talk about how we can share knowledge and work together to hold oil and gas companies like Equinor accountable.
GET IN TOUCHRight now, there are active campaigns against Equinor’s fossil fuel projects in the UK, Norway, Canada, Brazil and Argentina, with more and more opposition growing every day. Find a campaign near you to get involved.
FIND A LOCAL CAMPAIGNJoin us in exposing Equinor’s oily nature and build pressure on its majority-owner the Norwegian Government. Click through to find quick actions you can take right now, wherever you are.
TAKE DIGITAL ACTIONBacalhau will be Equinor’s largest project in Brazil and could emit as much as 800 million tonnes of CO2 – nearly double Brazil’s annual emissions.
Equinor, and the fossil fuel industry, is facing huge public opposition in Argentina from coastal communities, environmental lawyers, NGOs and climate groups, and more.
Equinor is facing huge opposition in the UK over its plans to develop the Rosebank oil field and the Peterhead Power Station, with Equinor being framed as an iconic case of private profit, public poverty and runaway climate breakdown.
The Bay du Nord campaign launched in early 2022 to stop Equinor’s gigantic offshore project off the coast of Newfoundland and Labrador in eastern Canada.
Environmental campaigners and activists in Norway are working tirelessly to expose Equinor’s greenwashing and hold the company accountable for its continued pursuit of new oil and gas projects in Norway and abroad.
.webp)
.webp)
.webp)
.webp)