Norway’s state-run oil player Petoro posts $50 billion profit

Petoro's earnings doubled in 2022 as Ukraine crisis pushed up gas prices

Good year: Former Vaar Energi chief executive Kristin Kragseth heads Norway’s state-owned Petoro
Good year: Former Vaar Energi chief executive Kristin Kragseth heads Norway’s state-owned PetoroPhoto: STIAN LYSBERG SOLUM/NTB/SCANPIX
Published 14 March 2023, 15:38Updated 14 March 2023, 17:23