Canadian East Coast Bay du Nord Oil Project Hits Key Milestone as Newfoundland and Labrador, Equinor Sign Agreement

A proposed deepwater oil project off the Canadian east coast reached a key milestone Tuesday as the Newfoundland and Labrador government signed an agreement with Equinor on how to divvy up the development’s anticipated rewards. Premier Tony Wakeham received several standing ovations as he unveiled the benefits agreement for the Bay du Nord project at … Read more