Equinor and BP stick to return requirements after rejection

The oil duo’s three offshore projects in New York will not proceed if they are not economically viable, says Equinor’s CEO in the US.
Photo: Equinor
Photo: Equinor

It wasn’t exactly a ”thanks, but no thanks” on Thursday night. The requests from Equinor and BP, among others, for improved financial terms in the agreements for their renewable energy projects were soundly rejected by a vote of 7-0 and harsh words from the New York Public Service Commission (NYPSC).

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