Equinor leaves some North Sea oil in the ground to respond to Europe's gas crisis

The move is unusual, but soaring gas prices, allied to socioeconomic and environmental concerns, are changing the valuation of oil and gas production ratios

More gas for Europe: Equinor chief executive Anders Opedal (pictured in this file photo) says the company is opening every valve to boost gas exports to Europe.
More gas for Europe: Equinor chief executive Anders Opedal (pictured in this file photo) says the company is opening every valve to boost gas exports to Europe.Photo: REUTERS/SCANPIX
Published 27 October 2021, 09:26Updated 28 October 2021, 09:12