Equinor's (EQNR) offshore Empire Wind 2 project near New York could be reconsidered by the Trump Administration, Bloomberg reported Wednesday, citing a Tuesday filing with a US federal court.
The US Interior Department's Bureau of Ocean and Energy Management will reassess the approved construction and operation plans for the planned phase 2 of the wind project amid a legal challenge by the residents and businesses in the area, according to the report.
Equinor did not immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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