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Canada

Shell to buy 30% stake in proposed Bay du Nord oil project off Newfoundland

CBC Canada · October 9, 2026 at 9:03 a.m.

Shell to buy 30% stake in proposed Bay du Nord oil project off Newfoundland

Equinor says it will retain a 70 per cent operating interest in the project, which would be the first deepwater oil development in Canada if it goes ahead.

Read the full article on CBC Canada ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbc.ca — the content belongs to CBC Canada.

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