Equinor CEO Looks to Adjust to the New Global Energy Mix

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Oct.10 — In this week’s “Commodity-In-Chief” on “Bloomberg Commodities Edge”, Alix Steel talks with Eldar Saetre, CEO and president of Equinor, about the company’s increased push into the offshore wind power market. The company kicked off its massive Johan Sverdrup field oil mega-project in the aging North Sea at a moment where the pressure on the oil industry and governments to act against the climate crisis has never been greater. The field is set to produce crude for 50 years, well beyond the time where the world’s greenhouse-gas emissions should be net zero to avoid warming of more than 1.5 degrees.

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