Norway’s Equinor Sees Oil and Gas Disruptions for at Least Six Months
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5 Articles
Total production grew 9% compared to the previous year, to 2,313 million barrels of oil equivalent per day, a record volume that coincided with the rise in the crude oil price
Equinor sees oil and gas disruptions for at least 6 months
Equinor, alongside TotalEnergies and BP, has profited from higher energy prices caused by the Middle East conflict. (Equinor pic) OSLO: Norwegian energy giant Equinor said Wednesday it expected disruptions on the global oil and gas market due to the war in the Middle East to continue for at least six months. “Even if there were to be peace right now, it would take time – we think a minimum of six months – before the situation returns to normal,”…
The oil and gas giant delivers progress in the first quarter, with higher production and oil prices than a year ago. – High geopolitical tension continues to have an impact, says the Equinor CEO.
High oil and gas prices, record production and strong trading results delivered the best performance since the 2022-23 energy crisis, in a quarter marked by conflict in the Middle East.
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