Equinor posts record profit as gas prices soar in Europe

Equinor reported record earnings on Wednesday, as the war in Ukraine triggered an energy supply crunch that sent gas prices soaring to all-time highs. The state-controlled Norwegian company has emerged as a big winner in Europe’s energy crisis, generating $18 billion in adjusted pretax earnings in the first quarter as it sold gas at prices … Continue reading Equinor posts record profit as gas prices soar in Europe