Bay du Nord

As Newfoundland and Labrador awaits word from Ottawa on a proposed new oilfield off the coast of St. John's, Shears Mercer says he's not worried -- he's ...

Now, as the Omicron variant makes up virtually all cases within the province, experts say it’s resulting in a higher presence of reinfection. Equinor has said the project will provide about $3.5 billion in total revenues for the cash-strapped government of Newfoundland and Labrador. As Canadians face a cost of living crunch, tackling housing affordability is going to be a main feature of Thursday's federal budget, CTV News has learned. Equinor has said Bay du Nord would likely start pumping in the latter half of the decade, and continue producing for 20 to 30 years. Premier Andrew Furey was beaming at an evening news conference, saying the project will be an economic driver for his province. CTVNews.ca looks at the Putin family history. He said projects like this one, which have a carbon footprint compatible with addressing climate change, are going to ultimately displace oil production that do not. "So that was a challenge for me to go against this institution." "Well, that's what we have to do," he said. Greenhouse gas emissions from production are anticipated to be as low as eight kilograms per barrel. That means the company will have to offset or capture any emissions the project produces by 2050. Production is expected to peak at around 200,000 barrels a day.

The Bay du Nord project has received federal environmental approval. Official confirmation came early Wednesda...

Opposition Leader David Brazil says Bay du Nord has always been the right project for Newfoundland and Labrador and the country, despite the “dithering” of the federal Environment Minister to appease cabinet colleagues in Ontario and BC. The provincial Opposition meanwhile is pleased that Bay du Nord has received environmental approval, despite what they call Liberal reluctance to allow the project to go ahead. The Bay du Nord project has received federal environmental approval.

Canada's Environment Minister Steven Guilbeault has approved the controversial Bay du Nord deepwater offshore oil project in Newfoundland.

A lack of baseline information was brought up both by Fisheries and Oceans scientists and Indigenous groups that participated in the project review. “Whether it’s DFO upper management or the Impact Assessment Agency of Canada, someone needs to show their work,” Kath told The Narwhal about Equinor’s impact statement passing an environmental assessment. An obvious one, she points out, is that the largest oil spill in Newfoundland and Labrador’s history wasn’t mentioned in a discussion of historical spills: a 250,000-litre spill in 2018 from the SeaRose Floating, Production, Storage and Offloading vessel. She could only compare the Fisheries and Oceans report with Equinor’s final environmental impact statement, and note what was left out. It noted several instances of interference, including in a report on mitigating the impacts of oil and gas exploration on corals and sponges. “As a result, the Bay du Nord Development Project may proceed, subject to some of the strongest environmental conditions ever, including the historic requirement for an oil and gas project to reach net-zero emissions by 2050.” But notes from a meeting between the agency and various Indigenous groups in August 2020, after the final statement was submitted, includes a participant question on why Indigenous groups were consulted after Equinor had already received significant input from the government. The report is a review of Equinor’s draft environmental impact statement for Bay du Nord, and states that Fisheries Department scientists found several cases where information was mischaracterized and relevant research was left out. While the report itself was not submitted to the agency or Equinor, Sauvé said that the information was shared through workshops, conversations, discussions and in-depth technical reviews. As premier, I have been in contact with the prime minister and he understands the importance of this project to our province,” Furey said in a press release shortly after the latest decision delay. Several politicians have used the opportunity to promote homegrown resources as the answer and Bay du Nord, like Alberta’s oilsands projects, has been a focus of the promotion. “The project has undergone a robust federal environmental assessment and scrutiny through every part of Canada’s legislated review process.

ST. JOHN'S, N.L. - As Newfoundland and Labrador awaits word from Ottawa on a proposed new oilfield off the coa...

Its paycheques buy houses overlooking Brigus Bay and line the pockets of visitors spending their weekends in local bed and breakfasts. “We’re broke. Mercer is the mayor of Brigus, a picturesque town on Newfoundland’s Conception Bay, popular among tourists and day-trippers from nearby St. John’s. The oil industry is important to his town, Mercer said.

Deux jours après que le secrétaire général des Nations unies a qualifié de « folie » toute augmentation de production des combustibles fossiles, ...

Disons qu’on attend de le voir pour le croire. Car d’ici 2050, l’exploitation de Bay du Nord émettra bel et bien du carbone. Cette décision marquera le règne libéral sur l’environnement – et pas de la bonne façon.

Reaction from Newfoundland and Labrador and beyond is pouring in following the federal approval of the Bay du Nord oil project on Wednesday.

Oil, gas, coal, any of it — we need to be done." While it is true that Newfoundland and Labrador's offshore emits fewer emissions during extraction than other producers, extraction only accounts for about 15 per cent of a barrel's total emissions. On Monday, UN Secretary General Antonio Guterres said investing in new fossil fuel infrastructure would be "moral and economic madness." Supporters of the project, which include the Newfoundland and Labrador government and the local oil industry, say it will help the province transition to renewable energy while meeting continuing global demand for oil. "We have to take responsibility for the impacts of the oil and gas that we put into the world." Meanwhile, climate scientists and environmental activists say the project flies in the face of federal climate goals and the recommendations of the Intergovernmental Panel on Climate Change.

The decision comes four years after it was first proposed by Equinor; the Liberal government was not unanimous in its support of the project, sources say.

“At the end of the day climate change is driven by what atmosphere sees and not necessarily by production. As such, adding Bay du Nord to Canada’s oil production inventory won’t add a whole lot in the way of emissions. On Wednesday, Equinor spokesperson Alex Collins said the company expects to make a final investment decision in the next couple of years with first oil in late-2028. A 2021 analysis by data firm Rystad Energy put the average carbon dioxide produced in the oil sands at around 73 kg per barrel of oil. Offshore oil drilling comes with vastly lower emissions than onshore production, particularly compared with Alberta’s oil sands, which comprise the bulk of Canadian production. Environment Minister Steven Guilbeault approved the Bay du Nord development Wednesday despite pressure from some political parties and environmental groups to reject it.

The provincial government is holding out hope that the project will be a go, touting Equinor's massive deep sea project as a key player in the ethical ...

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Le gouvernement du Canada devrait donner son feu vert aujourd'hui au controversé projet Bay du Nord qui prévoit l'extraction de 300 millions à 1 milliard de ...

Plus tôt la semaine dernière, Steven Guilbeault a dévoilé son Plan de réduction des émissions de GES pour 2030. C’est un déni total de ce que la science exige», a lancé le porte-parole Patrick Bonin. «Les membres du gouvernement s’évertuent à nous dire qu’ils n’ont pas le pouvoir de limiter la production d’énergies fossiles. La décision a été annoncée en fin de journée mercredi. «Le projet Bay du Nord est d’une importance critique pour l’économie de Terre-Neuve-et-Labrador et fournirait des emplois significatifs et une activité économique», avait-il déclaré dans un communiqué de presse le mois dernier. «Mes opinions, personnelles je les ai partagées avec les membres du cabinet.

La pétrolière norvégienne Equinor exploitera plus de 300 millions de barils de pétrole en milieu marin, dans une zone reconnue pour la richesse de sa ...

En ce qui a trait aux risques de déversement pétrolier en mer, le rapport provisoire de l’AEIC juge que ceux-ci sont minimes. Lundi, un nouveau rapport du Groupe d’experts intergouvernemental sur l’évolution du climat (GIEC) mettait d’ailleurs en garde contre les impacts de notre dépendance aux énergies fossiles, en soulignant le besoin de réduire de façon draconienne la production de pétrole au cours des prochaines années. En novembre 2020, Equinor a dit vouloir atteindre la « carboneutralité » d’ici 2050. Ce bilan ne tient toutefois pas compte de la combustion du pétrole lors de son utilisation finale. On peut y lire que 137 conditions « juridiquement contraignantes » sont imposées au promoteur du projet, et ce, pour toute sa durée de vie de 30 ans. La décision a été officialisée par voie de communiqué, en fin de journée mercredi.

The federal government has formally approved the Bay du Nord offshore oil megaproject off eastern Newfoundland.

Furey said his government is still committed to achieving net zero emissions by 2050, but insisted Bay du Nord should be part of a transition to renewable energy. On Monday, UN Secretary General Antonio Guterres said investing in new fossil fuel infrastructure would be "moral and economic madness." Newfoundland and Labrador's offshore does emit fewer emissions during extraction than other producers, but extraction only accounts for about 15 per cent of a barrel's total emissions. The project will be Newfoundland and Labrador's fifth offshore oil field to move into production since Hibernia launched in 1997. Climate scientists and environmentalists have scoffed at the description. Guilbeault's decision on whether Bay du Nord would proceed was originally scheduled for December, but was delayed until March 6.

Federal Environment Minister Steven Guilbeault said the Bay du Nord Development project may proceed, subject to some of the 'strongest environmental ...

The Bay du Project project will produce five times less emissions than the average Canadian oil and gas project and 10 times less than the average project in the oil sands, IAAC said. The company says Bay du Nord will be worth about $3.5 billion to the Newfoundland and Labrador government, with oil production beginning in the latter part of the decade. The federal government has approved the Bay du Nord oil project off the coast of Newfoundland and Labrador — Canada’s first deepwater project to produce oil.

ST JOHN'S, Antigua And Barbuda — Federal Environment Minister Steven Guilbeault has approved a controversial new oil project off the coast of Newfoundland ...

The Honourable Andrew Furey, Premier of Newfoundland and Labrador, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, ...

Emissions from Bay du Nord are estimated to be less than 8 kgs of CO2 per barrel compared to an international average of 16.1 kgs of CO2 per barrel. The Bay du Nord project will play a key role in helping the province meet global demand for responsible, lower carbon oil while supporting our government’s commitment to Net Zero by 2050. Our Provincial Government has been tirelessly advocating for this prudent decision from the Federal Government, as the environmental and economic benefits of the Bay du Nord project are clear.

The Canadian government on Wednesday approved a $12 billion offshore oil project proposed by Norway's Equinor ASA , after an environmental assessment ...

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