The groups are from Norway, the United Kingdom, Brazil, Argentina and Canada all countries where Equinor is planning new oil and gas projects. In Canada, Equinor is part owner of Bay du Nord, a proposed deepwater offshore oil project 500 kilometres east of St. John’s.
This month, Norway announced new climate rules for companies where the government is a majority shareholder. Notable on the list is Equinor: operator and part owner of Bay du Nord, set to be Canada’s first deepwater offshore oil project.
There’s a growing acknowledgment in the U.S., Europe and elsewhere that crude oil will remain an important part of our energy future for decades to come.
BP has acquired a stake in Equinor's controversial Bay du Nord project and sold its interest in the Sunrise oil sands project in an agreement reached with .