Industry Newsbio methanolmaritime fuelequinorenergy transition
Equinor Secures Bio‑Methanol Deal And Gains Price Upgrade
4.9
Equinor ASA on March 11 signed a bio‑methanol supply agreement with Wallenius Wilhelmsen to fuel dual‑fuel RoRo vessels, with deliveries at Zeebrugge and Antwerp starting late 2026. On March 13, Bank of America raised its price target on Equinor to NOK 345 from NOK 260 while maintaining a Neutral rating after lifting 2026–27 oil and gas forecasts. The moves boost Equinor's maritime positioning and investor outlook.
Key Points
- 1Raised price target to NOK345 by BofA on March 13, keeping Neutral rating.
- 2Lifted 2026–27 oil and gas forecasts drove broader European sector price target increases.
- 3Enables supply of bio‑methanol for dual‑fuel RoRo vessels, creating demand in European maritime hubs.
Scoring Rationale
Official bank update and commercial bio‑methanol deal provide investor relevance, but limited novelty and low AI relevance lower impact.
Sources
Public references used for this report.
Practice interview problems based on real data
1,625 SQL & Python problems across 15 industry datasets — the exact type of data you work with.
Try 250 free problems
