Equinor Raises 2026 Output Growth Forecast to 4% as Q3 Profit Doubles

Equinor lifted its 2026 oil and gas production growth forecast to ~4% from 3%, citing higher commodity prices and record earnings at its Mongstad refinery that more than doubled Q3 operating profit to $11.96B. International growth drove output gains while Norwegian shelf production stayed flat. The upgrade signals sustained upstream investment and reflects a favorable price environment.

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