Equinor CEO Saetre Sees Uncertainty on Demand Side

The video discusses the impact of the commodity environment on earnings, highlighting the effects on oil and natural gas sectors. It covers the production progress at the Johan Sverdrup field, noting efficient ramp-up and future capacity goals. The discussion shifts to global growth concerns, oil price volatility, and the influence of trade tensions. Finally, it addresses the company's focus on energy efficiency and compliance with the Paris Agreement, including past divestments of heavy oil assets.

What was a significant factor impacting the company's earnings?

• New government regulations

• Technological advancements

• Commodity environment

• Increased labor costs

What is the expected full production capacity of the Johan Sverdrup field?

• 440,000 barrels a day

• 500,000 barrels a day

• 300,000 barrels a day

• 200,000 barrels a day

What is a major concern affecting global oil prices?

• New oil discoveries

• Weak demand outlook

• Technological advancements

• Increased production costs

Which global issue is contributing to the uncertainty in demand?

• Increased production costs

• New oil discoveries

• Technological advancements

• Trade tensions

What is the company's focus regarding its oil production strategy?

• Maximizing production volume

• Reducing labor costs

• Expanding into new markets

• Improving energy efficiency and emissions