Statoil’s name change becomes official

Norway-based energy giant Statoil ASA has officially changed its name to Equinor, according to a May 15 statement.

Shareholders voted on the change at the company's May 15 annual meeting. The company, which has its U.S. upstream headquarters in Houston, wanted a name that didn't include the word “oil” as part of a shift to become a broader energy company.

The new name combines “equi” — evoking words like "equal," "equality" and "equilibrium" — with “nor,” a nod to the company’s…

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