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

JOHN'S, NL, March 3, 2026 /CNW/ - Canada is a global energy superpower, and the Government of Canada is committed to building on this momentum by developing our natural resources -- driving economic ...

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 Canadian government has agreed to cover fees for a proposed deepwater oil project that could come due under a United Nations convention, and officials say the tab could hit $1-billion. Federal ...

The Bay du Nord project is eagerly awaited in Newfoundland and Labrador, where the industry is a major contributor to the economy. The provincial government hopes that other projects will follow. It ...

A prominent labour organization in Newfoundland and Labrador that was pushing hard for construction contracts on the Bay du ...

With initial estimated reserves of over 400 million barrels, Bay du Nord "represents a generational opportunity for Canada’s ...

Add Yahoo as a preferred source to see more of our stories on Google. Equinor Canada's country manager Tore Løseth says he’s Equinor Canada's country manager Tore Løseth says he’s 'cautiously ...

Equinor's director in Canada Tore Løseth says oil and gas will help the energy transition. (Patrick Butler/Radio-Canada - image credit) Equinor's director in Canada Tore Løseth says oil and gas will ...

A proposed deepwater oil project off the Canadian east coast reached a key milestone Tuesday as the Newfoundland and Labrador ...

Canada's first deep water oil project has been shelved for three years "in the face of challenging market conditions," according to Norwegian oil giant Equinor. The company sent a news release shortly ...

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