Equinor ASA (NYSE:EQNR) shares are trading higher Friday after the company reportedly canceled its plans to invest in Vietnam’s offshore wind sector, dealing a blow to the nations’ green energy ambitions.
Vietnam’s renewable energy sector has drawn international attention due to its favorable wind conditions in shallow waters near densely populated coastal areas, as noted by the World Bank Group, reported Reuters.
However, delays in regulatory reforms have caused some potential investors ...
