2:57 Feds greenlight controversial Bay du Nord offshore oil project ahead of 2022 budget The federal government has approved the Bay du Nord oil project off the coast of Newfoundland and Labrador — ...

Prime Minister’s list of ‘nation-building projects’ should get accelerated approvals from the federal government ...

Equinor ASA EQNR received approval from the Canada government to proceed with the Bay du Nord development project to drive the Newfoundland and Labrador economy. Discovered in 2013, Bay du Nord is ...

With water depths of some 1,200 metres, Equinor's Bay du Nord project will use a floating production, storage and offloading vessel, like the one illustrated here. Equinor officials say a final ...

Canada could soon be the first country on Earth to pay millions of dollars in international oil royalties as a consequence of the Bay du Nord megaproject in Newfoundland and Labrador's offshore — but ...

Equinor is set to issue bid documents within days for critical engineering and construction work on a novel floating production, storage and offloading vessel that lies at the heart of the US$9.4 ...

Equinor has kicked off a highly anticipated two-well drilling campaign offshore Newfoundland, Canada, targeting additional reserves that can be tied back to its planned Bay du Nord floating production ...

Environment and Climate Change Minister Steven Guilbeault, seen in the House of Commons in November, says it's unlikely that more oil projects will be approved. (Patrick Doyle/The Canadian Press) ...

The federal government will formally approve the Bay du Nord offshore oil megaproject after markets close at 4 p.m. ET, CBC News has learned from multiple sources who are not authorized to speak ...