EnergyWatch

Equinor's US headache continues

The oil company lost several hundred million US dollars on its adjusted pre-tax result in this year's Q2, shows Equinor's interim report, which for the first time features a separate account for US activities following harsh criticism.

Photo: Ntb Scanpix/Reuters/Ritzau Scanpix

In a quarterly financial statement that otherwise positively surpassed analysts' forecasts, Equinor's US unit continues to cause the company problems.

Whereas the Norwegian oil giant's US division presented second-quarter adjusted pre-tax profit of USD 150 million last year, the group now presents a deficit of USD 341 million for this year's Q2, shows Equinor's second-quarter interim report, published Friday morning.

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