The federal government has agreed to cover fees for a proposed deepwater oil project that could come due under a United ...

The $14 billion Bay du Nord deal signed Tuesday will unlock a new frontier for Canada’s oil and gas sector, says one industry ...

The Government of Canada welcomes today's step forward with the signing of a landmark agreement between the Government of Newfoundland and Labrador and Equinor to advance the Bay du Nord offshore oil ...

WINNIPEG, Manitoba, May 31 (Reuters) - Norway's Equinor ASA EQNR.OL said on Wednesday that it will postpone its Bay du Nord Canadian offshore oil project for up to three years, due to rising costs.

Canada has revoked the waiver it issued on sanctions targeting the Nord Stream 1 pipeline despite European energy concerns after Ottawa said Russia showed no intention of bringing the pipeline back up ...

Equinor ASA last month shelved its Bay du Nord deepwater oil project for 3 years “following changing market conditions and subsequent high cost-inflation.” The company said it will continue to assess ...

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 ...

Canada is a global energy superpower, and the Government of Canada is committed to building on this momentum by developing our natural resources ...

Equinor (NYSE:EQNR) said Wednesday that rising costs have forced it to postpone its Bay du Nord Canadian offshore oil project for as much as three years. Equinor (EQNR) had planned to produce first ...