Equinor slashes investment, spending in $3 billion coronavirus package
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OSLO (Reuters) - Norwegian oil firm Equinor will cut investments, exploration drilling and operating costs as part of a $3 billion (2.54 billion pounds) plan to help the company weather the coronavirus crisis, it said on Wednesday.The measures come in addition to the suspension earlier this week of the company's $5 billion four-year share buyback programme, it added.