Offshore Oil

• High hopes for some, controversy for others with $16B offshore oil project for Newfoundland

  The approval for the $16-billion Bay du Nord offshore oil project raises questions about whether Canada and Newfoundland and Labrador are serious about fighting climate change.

  Canada

  Jun 9, 2022
  
• Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

  The company announced in September it was halting construction on the $2.2-billion West White Rose project, extending the life of its White Rose oilfield.

  Canada

  Dec 3, 2020
  
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• Costs of decommissioning N.L. offshore kept ‘secret’ but public could be on the hook

  The cost of decommissioning offshore oil installations, and how much of it will be borne by taxpayers, is not public information.

  Canada

  Nov 23, 2020
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• Newfoundland and Labrador budget projects $1.84-billion deficit

  The budget was delivered Wednesday, halfway through the year, because of delays associated with the COVID-19 pandemic.

  Politics

  Sep 30, 2020
• Newfoundland and Labrador can’t afford buy-in for Husky-led oil project: Premier

  "It's time to start being honest," he told reporters following the reopening of the provincial legislature.

  Canada

  Sep 14, 2020
• Hibernia offshore oil production halted after apparent spill of drilling fluids

  The company says water sampling during well flowback operations showed an "exceedance" on the produced water discharge.

  Economy

  Jul 21, 2020
• N.L. Liberals deliver optimistic 2019 budget with provincial election looming

  The $8.4-billion spending plan is set against a forecasted deficit of $522 million, a number that's been steadily declining from more than $2 billion when the provincial Liberals came to power in 2015.

  Politics

  Apr 16, 2019
• BP Canada scales back gas and oil exploration plans off Nova Scotia

  The Canada-Nova Scotia Offshore Petroleum Board says the energy giant is surrendering 50 per cent of the area included in its licence - a consolidation of four offshore parcels roughly 300 kilometres southeast of Halifax.

  Environment

  Jan 15, 2019
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• Largest Newfoundland oil spill speaks to risks of offshore oil industry, board says

  An estimated 250 cubic metres of oil leaked into the sea southeast of St. John's from the SeaRose oil platform on Friday.

  Environment

  Nov 19, 2018
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• Newfoundland and Labrador announces agreement to develop deepwater oil project at Bay du Nord

  Premier Dwight Ball announced an agreement on Thursday with Equinor Canada, for a project expected to deliver its first oil by 2025, with an estimated operating cost of $10.9 billion.

  Canada

  Jul 26, 2018