Historic oil price collapse sees first major energy company cut its dividend
Equinor’s Johan Sverdrup oil field depicted in August 2019. Lundin Petroleum received its first oil from Phase 1 of the Johan Sverdrup field in early October.
Ole Jørgen Bratland | Equinor Press Images
Norway’s Equinorannounced Thursday it will cut its quarterly dividend payment to shareholders by two-thirds, potentially paving the way for other oil majors to follow suit over the coming…
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