BP picks up stake in Bay du Nord off Newfoundland while walking away from oilsands

BP Alaska

Energy giant BP has become the second oil major to depart Alberta's oilsands and focus on the offshore. BP is buying Cenovus's 35 per cent stake in the undeveloped Bay du Nord project, planned for deep waters east of Newfoundland.



from CBC | Top Stories News https://ift.tt/EJ8xr0O