The Company Formerly Known as Statoil Expands into Electricity Trading

Equinor has bought Danske Commodities ("DC") for 459m EUR, making it a wholly owned subsidiary but not compromising the Danske name. DC CEO Henrik Lind heralded the deal as "an exciting new chapter for both companies".  DC achieved a 50% ROE in 2017.

Ten Years Later - Troll added to Dated Brent

Platt's Brent assessment (already diluted by Forties, Oseberg and Ekofisk crudes) will have a new crude added to its Dated Brent assessment - Norway's Troll crude - which will start deliveries in 2018. This is due to the expected fall in supply in the North Sea - resulting in thin volumes and potential market manipulation. The last modification to the benchmark came in 2007 when Ekofisk was added. Statoil operates the Troll A, B and C platforms.