Equinor Has Very Good Outlook for Cash Flow in 2021: CEO

The transcript discusses the company's financial performance, highlighting improvements in cash flow and a positive outlook for 2021. It covers Brent price trends, market volatility, and strategic asset sales to enhance portfolio profitability. Dividend adjustments and tax implications are also addressed. The company plans to increase production and is optimistic about future demand despite uncertainties. Additionally, the Northern Lights project for carbon capture is introduced, emphasizing the need for government support.

What was the company's cash flow improvement target for 2020?

• 2 billion U.S. dollars

• 3.7 billion U.S. dollars

• 3 billion U.S. dollars

• 4 billion U.S. dollars

What is the company's long-term oil price expectation for 2025?

• $50 per barrel

• $61 per barrel

• $64 per barrel

• $70 per barrel

Why did the company decide to sell its onshore assets in North Dakota and Montana?

• To focus on renewable energy

• To invest in more profitable projects

• To reduce operational costs

• To exit the U.S. market

How much did the company reduce its dividend by during the first quarter of 2020?

• 67%

• 56%

• 75%

• 50%

What is the expected annual production growth rate from 2021 to 2026?

• 3%

• 2%

• 1%

• 4%

What is the main goal of the Northern Lights project?

• Increase oil production

• Develop renewable energy sources

• Capture and store CO2

• Expand into new markets

What is the expected cost range for storing CO2 in the Northern Lights project?

• $55 to $70 per ton

• $10 to $20 per ton

• $20 to $30 per ton

• $30 to $55 per ton