Equinor turned business around in 2021

The Norwegian state-owned oil company seriously turned things around last year after struggling in 2020. High oil and gas prices in 2021 were of particular benefit.

BY ANNE FILBERT, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Perhaps it comes as little surprise that oil companies did well for themselves from high prices on their core product last year. Since oil and gas prices really soared in mid-2021, subsequent financial reports have shown the business to be very lucrative, and it's not over yet for Equinor.

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