Gas
Equinor Raises Oil and Gas Output Forecast as Operating Profit Doubles
CEII brief
OilPrice.com reported on 28 Oct 2026: Equinor Raises Oil and Gas Output Forecast as Operating Profit Doubles.
Read the full story on OilPrice.comEquinor raised its 2026 oil and gas production growth forecast to around 4% after higher commodity prices and record earnings at its Mongstad refinery helped more than double third-quarter operating profit.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
