Norway's Equinor Confirms Trading Halt in Russian Oil

Equinor joins oil and gas majors, including Shell, BP and TotalEnergies, in stopping purchases of oil from Russia.


Norwegian state oil company Equinor said on March 14 that it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of Ukraine.

Equinor's official announcement comes four days after Equinor's chief executive, Anders Opedal, told Reuters the company had stopped trading Russian oil. 

"When we said we wanted to start exiting the (Russian joint venture), we also stopped from that date trading with Russian oil," Opedal said.

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