It's not uncommon for Oil/Energy companies to undergo a name change. It primarily reflects a shift toward a broader portfolio and a focus on sustainable development and innovation. It underscores the company's forward-looking approach and its determination to navigate evolving market dynamics while staying true to its core principles. Probably the most iconic instance was when Statoil, the Norwegian multinational energy company, changed its name to Equinor EQNR in 2018 to reflect its strategic shift beyond oil and gas. The name "Equinor" combines "equi," representing equality and equilibrium, with "nor" from Norway, signifying the company's commitment to sustainability and renewable energy. Another noteworthy rebranding occurred in 2021, with French oil firm TOTAL SE becoming TotalEnergies TTE.