Web9 sep. 2024 · Suncor, Cenovus breathe new life in Newfoundland's stalled offshore oil projects The oil majors announced agreements to restructure both the Terra Nova and West White Rose projects Geoffrey Morgan Published Sep 09, 2024 • 4 minute read Join the conversation A Suncor Energy Inc. oil refinery in Sarnia, Ont., May 25, 2024. Web17 feb. 2024 · ExxonMobil, the largest shareholder of the Hibernia oilfield off the coast of St. John's, reported a $55.7-billion profit in late January, easily exceeding its previous record of $45.2 billion, set in 2008. Newfoundland and Labrador gave Hibernia $38 million from the federal pot in late 2024.
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Web12 sep. 2024 · For Newfoundland and Labrador, oil is its major source of revenue and a perpetual thorn in its side. The province has ambitious plans to double offshore oil production by 2030, and is encouraging major oil companies to explore its offshore further in an attempt to attract multibillion-dollar investments. WebA seasoned entrepreneur with significant corporate governance, government relations and project management experience in the commercial, retail and resource sectors (Mining and Oil & Gas) Leo's focus as he continues to strategically lead LNG NL forward, is on communications, project marketing, financing, partnership development and contract … bulloch county tag renewal online
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Web7 apr. 2024 · CALGARY, Alberta, April 6 (Reuters) - The Canadian government on Wednesday approved a $12 billion offshore oil project proposed by Norway's Equinor ASA (EQNR.OL), after an environmental assessment ... Web3 dec. 2024 · Husky Energy will receive $41.5 million in federal money to maintain jobs and move toward restarting its West White Rose offshore oil project in Newfoundland and Labrador, although officials admit ... Web18 jan. 2024 · Studies look at electrification from shore, wind energy as potential solutions for future projects ST. JOHN'S, N.L. — A pair of newly-released studies highlight ways Newfoundland and Labrador's offshore oil sector can go greener in the future through the use of clean power. Wind energy and electrification via the shore are two options … hair traffic helsinki