Equinor improves markedly and books best quarterly result since 2014

The Norwegian oil giant delivered a significant improvement in the first quarter, largely helped by the divestment of shares in offshore wind farms.


It is hardly a secret that the oil industry at large has suffered under the coronavirus pandemic, which caused oil prices to bottom out.

But much has happened since the oil price first started sliding in March 2020. Therefore, there is also widespread expectation of improvement in the oil companies' financial results, which was evident already yesterday when Aker BP reported of progress in its report.

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