JHVEPhoto/Shutterstock Equinor has broken the seal on materially cutting its transition-facing capex, not simply reorienting the types of investments it would prefer to make.The Norwegian firm has found ways to creatively advance some projects without requiring on-the-books capex to partially dampen the impact on reinvestment.But Equinor鈥檚 apparent need to prioritize buybacks over transition spending speaks to wider pressures and trade-offs facing Western producers. Save for later Print Download Share The Issue
