Equinor ASA EQNR

What this company does

Equinor produces around two million barrels of oil equivalent daily, with two-thirds of its equity production coming from the Norwegian continental shelf. Its portfolio also encompasses renewables and low carbon solutions alongside oil and gas. It has expanded into onshore renewables and energy storage, building positions in markets including Poland, Denmark, the UK, the US, and Brazil. It refines and markets crude oil and natural gas, including the Norwegian state's share from the Norwegian continental shelf, exporting petrol, diesel, gas, and heating oil to continental Europe, the UK, North America, Asia, and Africa. Danske Commodities, wholly owned by Equinor, trades power, gas, and certificates across 40 markets worldwide, connecting producers with large-scale consumers in wholesale markets. It operates the world's first commercial cross-border CO2 transport and storage facility. It was founded in 1972 and is headquartered in Stavanger, Norway.

Written from the business description in EQUINOR ASA's annual report to the U.S. Securities and Exchange Commission, filed 19 March 2026. Every sentence was checked against that document before publication.