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Equinor to exit Russia amid Ukraine invasion, warns of impairments

Feb. 28, 2022

Source: Upstream

Equinor to exit Russia amid Ukraine invasion, warns of impairments

Norwegian energy giant Equinor said it will start the process of exiting the company’s joint-ventures in Russia, amid the Ukraine invasion. The company said in a statement on Monday that in addition to exiting its operations in Russia, it “has decided to stop new investments" into the country.

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