Shares of offshore wind developer Orsted rose 15% on Tuesday after the U.S. administration revoked an order to halt work on a project by peer Equinor, easing concerns over the Danish company's U.S. projects under development. Ciara Lee reports.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Berenberg downgraded Equinor ASA ADR (NYSE:EQNR) (OL:EQNR) stock to Hold from Buy, citing an anticipated significant rise in leverage during the second quarter and a lowered outlook for long-term shareholder distributions.

The Trump administration had issued a highly unusual stop-work order on the Empire Wind project last month, leading to intense pushback from officials in New York.

Europe may need to keep offering attractive prices to secure an additional 30 billion cubic metres (bcm) of liquefied natural gas (LNG) needed to replenish its storage levels, a senior Equinor executive told Reuters.

Please see below information about transactions made under the buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the share-based incentive programmes for employees and management.

Norwegian major insists offshore wind has role in its energy transition ambitions but New York setback has turned up the temperature