Equinor wields investment axe to combat virus fallout

US onshore drilling to be halted and exploration cut as Norwegian giant slashes spending by $3bn in 2020 in response to Covid-19

Budget cuts: Equinor chief executive Eldar Saetre
Budget cuts: Equinor chief executive Eldar SaetrePhoto: REUTERS/SCANPIX
Published 25 March 2020, 07:39Updated 25 March 2020, 08:37