Equinor writes off $1.8 bln at Britain’s Mariner oilfield

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content OSLO — Equinor has sharply cut resource estimates for its Mariner oilfield in the British North Sea, triggering an impairment of around $1.8 billion, the Norwegian company said in a statement on Wednesday. (Reporting by Terje Solsvik; Editing…
Equinor writes off $1.8 bln at Britain’s Mariner oilfield

Author of the article:

Article content

OSLO — Equinor has sharply cut

resource estimates for its Mariner oilfield in the British North

Sea, triggering an impairment of around $1.8 billion, the

Norwegian company said in a statement on Wednesday.

(Reporting by Terje Solsvik; Editing by Christopher Cushing)

Article content

Financial Post Top Stories

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Escalating oil prices will become politically sensitive: Kemp
Read More

Escalating oil prices will become politically sensitive: Kemp

Author of the article: LONDON — Oil prices have risen to their highest for more than seven years, climbing above levels that triggered a U.S.-led release of strategic petroleum reserves last November. Policymakers may be less likely to respond at this time as consumers and businesses have had more time to grow accustomed to prices…
Europe’s STOXX 600 drops 1% ahead of German inflation data
Read More

Europe’s STOXX 600 drops 1% ahead of German inflation data

Author of the article: Europe’s STOXX 600 index fell on Thursday, led by declines in shares of Swedish group H&M after dismal earnings, with investors awaiting a reading on German inflation data for clues on interest rate hikes by the European Central Bank. The continent-wide STOXX 600 index was down 1.1% by 0708 GMT, failing…