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News Digest / Lukas Schmidt

Author: Lukas Schmidt
06:50am, Wednesday, Jul 23, 2025
Equinor Slashes $955M Offshore Wind Value Amid Tariffs and Permit Freeze
Equinor (OTC: EQNR) took a $955M writedown on U.S. offshore wind projects due to shifting policies, lost tax credits, tariffs, and Trump-era permit halts, impacting the Empire Wind initiative and signaling challenges beyond its core oil business.
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