Statoil and DONG Energy are both proposing to change their names as they reposition themselves for a lower-carbon future. State-owned Statoil is to become ‘equinor’, a combination of the root word for equal/equality and the beginning of Norway. The chair of the Statoil board said of the change “The name Equinor reflects ongoing changes and supports the always safe, high value and low carbon strategy we outlined last year.” DONG Energy (Danish Oil and Natural Gas), is to rename itself Ørsted after the Danish scientist Hans Christian Ørsted, the discoverer of electromagnetism. Last year, DONG sold its upstream oil and gas business, and the name change reflects this, with the company stating “We believe it’s time to take real action to create a world that runs entirely on green energy.”