Higher commodity prices and production are likely to have aided Equinor's (EQNR) Q4 earnings.
In the latest trading session, Equinor (EQNR) closed at $30.37, marking a -0.2% move from the previous day.
OSLO (Reuters) -Norway's Equinor said European Union sanctions had prevented it from providing services and equipment to inspect the damaged Nord Stream gas pipelines last year, revealing for the first time why Norwegian assistance was not forthcoming. In September, several unexplained underwater explosions ruptured the Nord Stream 1 and Nord Stream 2 pipelines, each more than 1,200-km-long, that link Russia and Germany across the Baltic Sea, sending methane gushing into the atmosphere. "The Norwegian Ministry of Foreign Affairs has stated that work on the pipelines would be in breach of the Norwegian sanction regulations – and by extension the EU sanction regulations," Equinor said in an emailed statement to Reuters.