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Commodity Pricing


Year: 2020

Noia CEO Comments on 2020 Call for Bids

(St. John’s, NL – November 5, 2020) Please find below a statement from Noia CEO Charlene Johnson regarding the results of the 2020 Call for Bids by the Canada-Newfoundland and Labrador Offshore Petroleum Board. “In a typical year, with the geologic and scientific information that was available to those interested in bidding on offshore land […]

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Husky Remains Optimistic on Future of West White Rose

Despite shelving West White Rose for the 2021 construction period, Husky executives remain optimistic about the future of the project. Earlier this week, it was announced that Husky was being bought out by Cenovus Energy Inc. in an all-stock deal valued at $23.6-billion. At a teleconference yesterday regarding Husky’s third-quarter results, CEO Rob Peabody explained […]

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Oil discoveries offshore Newfoundland, Canada

(Oct. 29, 2020) Equinor (60%), and its partner BP Canada (40%), have made two oil discoveries offshore Newfoundland, Canada. The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide specific information on volume

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