Equinor still benefiting from high oil and gas prices

The Norwegian oil company more than doubled both revenue and profit in this year’s second quarter, falling well in line with analysts’ expectations.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

As European consumers fret about high costs of energy, others giddily applaud such market conditions – obviously being those in the business of selling oil and gas.

Norwegian oil company Equinor is certainly no exception, with the second-quarter report showing a big advance on several posts.

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