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What Was Equinor Thinking?

The Norwegian state-owned oil company Equinor lost $20.4 billion on its investments in oil and gas exploration in the United States. What was it thinking? Read more here.

What Was Equinor Thinking?

Equinor invested in oil and gas exploration in the US based, in part, on the price expectations shown in this graph and lost $20.4 billion.

The Oil Industry and the Boeing 2707 (October 19, 2020) -- Oil industry speakers at the EIG forum remain bullish, still convinced that oil is essential to economic growth.

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