OSLO (Reuters) – Equinor’s trading unit 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 on Wednesday.
The Marketing, Midstream & Processing (MMP) unit also faces extra costs during the quarter of around $100 million from the drilling of carbon capture and storage (CCS) appraisal wells, Equinor said.
Equinor is due to publish its first quarter financial results on April 30.
(Reporting by Terje Solsvik; editing by Nora Buli)
