Equinor sinks to Q1 loss on $2.45bn impairment

Norwegian giant forced to write down international portfolio as low oil prices offset record output

Impairments: Equinor chief executive Eldar Saetre — Impairments: Equinor chief executive Eldar SaetrePhoto: AFP/SCANPIX

Steve Marshall

Oslo

Equinor Norway Eldar Saetre North Sea North America

Published 7 May 2020, 05:24Updated 13 May 2020, 12:43