Bay du Nord

• New Brunswick Mi’kmaw chiefs join court challenge to N.L.’s Bay du Nord oil project

  The group says Ottawa did not fulfil its duty to meaningfully consult with Indigenous communities about the proposed project led by Norway-based Equinor.

  Canada

  Jul 12
  
• BP exits oilsands to focus on offshore; will sell Sunrise stake to Cenovus

  British energy giant BP is exiting the Alberta oilsands to focus on offshore oil development instead.

  Canada

  Jun 13
  
• Advertisement
• High hopes for some, controversy for others with $16B offshore oil project for Newfoundland

  The approval for the $16-billion Bay du Nord offshore oil project raises questions about whether Canada and Newfoundland and Labrador are serious about fighting climate change.

  Canada

  Jun 9
• Advertisement
• Canada approves N.L.’s Bay du Nord deepwater oil project

  Federal Environment Minister Steven Guilbeault said the Bay du Nord Development project may proceed, subject to some of the 'strongest environmental conditions ever'.

  Canada

  Apr 6
• N.L. warns of exodus of oil and gas industry without more federal help

  N.L. Natural Resouces Minister Siobhan Coady warns that as each week passes, companies are closing and jobs are being lost.

  Economy

  May 26, 2020
• Newfoundland and Labrador announces agreement to develop deepwater oil project at Bay du Nord

  Premier Dwight Ball announced an agreement on Thursday with Equinor Canada, for a project expected to deliver its first oil by 2025, with an estimated operating cost of $10.9 billion.

  Canada

  Jul 26, 2018
• Statoil says oil discovery off Canada could yield up to 600 million barrels

  A Norwegian energy firm is estimating that an untapped oil field off Canada's east coast contains between 300 and 600 million barrels of recoverable oil, making it one of the biggest discoveries in recent years.

  Canada

  Sep 26, 2013