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Earnings boost a sagging Equinor
April 29, 2021
Twenty years after Norway partially privatized its biggest state-owned firm Statoil, the company now known as Equinor could once again deliver strong first-quarter earnings this week. Now the company needs to boost its reputation, too, after scandals tied to huge losses abroad, accidents, safety concerns, climate and environmental violations, and suspected corruption.
There’s been a lot of upheaval among executives working here at Equinor’s main offices here at Fornebu outside Oslo during the past year. Now the company needs to regain public confidence after heavy losses abroad, accidents and other problems. PHOTO: NewsInEnglish.no/Morten Møst