Known for a "steady as she goes’" approach, state-controlled Equinor has now echoed many of its larger competitors over the past 18 months, refocusing on oil and gas at the expense of renewable power and other low-carbon investments. Below, Energy Intelligence looks at some of the main strategic shifts and target changes outlined at the Norwegian company’s recent Capital Markets Day (CMD) in New York City.
Equinor Pivots Back to Oil and Gas, Boosts Overseas Spending
A new power division, which includes gas-fired plants, plus more exploration spending at home and abroad confirm Equinor's pivot away from low-carbon business areas.
66 words~1 min read
