Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
Read More 5 minute read Energy Industry News Equinor to sell 60% stake in Peregrino oil field to PRIO SA in $3.5bn Brazil deal Equinor exits the Peregrino field with a $3.5bn sale to PRIO SA, reshaping Brazil’s offshore oil sector. See how the deal impacts stock performance and future plans. byPallavi MadhirajuMay 3, 2025