Equinor plans shut down of Veslefrikk field after 30 years

Discovered in 1981, the field came on stream in 1989 and has produced more than 400m barrels of oil equivalent

US natural gas and oil production to fall in 2021

That would be a result of a decline in drilling activity related to low oil prices, with responses to the COVID-19 pandemic also leading to supply and demand disruptions

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