Published by
Reuters UK
Reuters UK
By Ron Bousso and Sabrina Valle HOUSTON (Reuters) – Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow’s invasion of Ukraine, Chief Executive Anders Opedal said on Thursday. A growing energy crisis from buyers steering clear of Russian oil will accelerate Europe’s shift towards renewable power, while requiring more investment in oil and gas production, Opedal said in an interview at the CERAWeek energy conference in Houston. Equinor joins oil and gas majors including Shell, BP and France’s TotalEnergies in stopping purcha…