About: http://data.cimple.eu/news-article/0a077ed99f410ddfb8ad9eab7db597c6a3183e667c4d1d371fad7d9b

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About: http://data.cimple.eu/news-article/0a077ed99f410ddfb8ad9eab7db597c6a3183e667c4d1d371fad7d9b Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Norwegian energy firm Equinor said Tuesday it has abandoned an oil exploration project in the pristine Great Australian Bight, the third international company to withdraw controversial plans to drill in the isolated southern waters. The company said the project's potential was "not commercially competitive" compared with other exploration opportunities it was pursuing. It comes just two months after Australian regulators approved the company's environmental plan to drill for oil in the Bight, an area of ocean thought to be rich in oil and gas reserves. "However, Equinor has decided to discontinue its plans to drill the Stromlo-1 exploration well, as the opportunity is not commercially competitive," Equinor Australia manager Jone Stangeland said in a statement. London-based BP scrapped its plans to drill the Bight in 2016 and US energy giant Chevron did the same the following year. Australian Resources Minister Keith Pitt said the latest decision was "extremely disappointing", particularly for South Australia state where authorities had hoped the project would bring much-needed jobs. The move was celebrated by conservation groups that had campaigned to protect the Bight from oil drilling, saying it would damage the unique ecosystem of an area sometimes called 'Australia's Galapagos'. Australian Greens party Senator Sarah Hanson-Young called it a "huge win" for the environment, as well as South Australia's tourism and fisheries industries. hr/arb/je
schema:headline	Firm scraps bid to drill off pristine Australian coast
schema:mentions	Ecosystem Galápagos Islands Chevron Corporation South Australia Australian Greens BP Management Norway Australia Fishery Great Australian Bight Keith Pitt Sarah Hanson-Young Equinor Energy industry The Move
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-25 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	90 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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