Petoro sees cash flow plunge on demand collapse due to Covid-19

Norwegian state oil holding company sees lowest-ever level of income for government as low oil and gas prices take toll

Lower income: Petoro chief executive Grethe Moen — Lower income: Petoro chief executive Grethe MoenPhoto: CARINA JOHANSEN

Steve Marshall

Oslo

Petoro North Sea Norway Europe Western Europe

Published 6 August 2020, 14:13Updated 6 August 2020, 14:13