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Mulroney says pandemic, ‘short-sighted thinking’ should not be allowed to kill industry The former Canadian prime minister who championed joint management of Newfoundland and Labrador’s offshore oil industry— and overcame heavy odds 30 years ago to save the Hibernia megaproject — says it’s time once again for Ottawa to step forward and prevent the industry [&hel

Third development on the prolific Stabroek Block to commence production in 2024 US supermajor ExxonMobil has taken a final investment decision on its Payara development, on the Stabroek Block, offshore Guyana. ExxonMobil confirmed late Wednesday it was moving ahead with the $9 billion development after receiving government approvals. It follows reports last week the company […]