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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

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production increased versus the prior year, due to: Increased output from existing fields Higher ownership from new transactions in U.S. onshore gas assets during 2024 Renewables Production: Flat Performance Equinors renewable power generation in Q1 2025 was 0.76 TWh , the same as Q1 2024. shale basins. shale basins.