Norwegian oil giant cuts green investment in half
Equinor will slash investment in renewable energy while ramping up oil and gas production.
BBC News
Equinor ASA is a Norwegian state-owned multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.
Equinor will slash investment in renewable energy while ramping up oil and gas production.