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Norway's Equinor profits double to $11.5bn amidst Strait of Hormuz blockades · Cyprus Report

Business · World

Norway's Equinor profits double to $11.5bn amidst Strait of Hormuz blockades

1 sourceFirst reported 2 hours agoUpdated 2 hours ago

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Equinor, Norway's national oil company, reported a near doubling of profits to $11.5 billion in the three months ending June.
The company's earnings were boosted by an increase in oil and gas production.
This rise in profits occurred amid the war on Iran and blockades in the Strait of Hormuz.

Generated by AI from the 1 sources below · always verify with the originals

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Norway’s national oil company profits double to $11.5bn amid war on IranThe Guardian · 2 hours ago

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AI summary: catch up in 20 seconds

Equinor, Norway's national oil company, reported a near doubling of profits to $11.5 billion in the three months ending June.
The company's earnings were boosted by an increase in oil and gas production.
This rise in profits occurred amid the war on Iran and blockades in the Strait of Hormuz.

Generated by AI from the 1 sources below · always verify with the originals