Norway’s energy giant Equinor's trading arm will report relatively weak results from liquids and LNG trading in the first quarter of 2025, the Norwegian company said in a briefing to analysts earlier today.
The Marketing, Midstream & Processing (MMP) unit also faces extra costs during the quarter of around $100 mill from the drilling of carbon capture and storage (CCS) appraisal wells, Equinor said.
The company is due to publish its first quarter financial results on 30th April..
