Activists rejoice as oil project scrapped

THE region’s peak environmental activist group is jubilant after Norweigan oil giant Equinor has abandoned its plans to drill for oil in the Great Australian Bight, despite gaining environmental approvals just two months ago.

The company announced it would scrap the $200m plan to drill in the Bight, saying the project was not commercially competitive with other exploration opportunities.

The proposed Stromlo-1

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