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Commodity Pricing


Month: April 2021

Noia Comments on Industry Task Force Report

(St. John’s, NL – April 30, 2021) Yesterday, the Government of Newfoundland and Labrador released the Oil and Gas Industry Recovery Task Force Report which contains 52 recommendations pertaining to the Newfoundland and Labrador offshore oil and gas industry. While Noia is currently reviewing the recommendations, the association is initially pleased with the recommendations and [&hellip

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C-NLOPB Issues Drilling Operations Authorization

“We have issued a Drilling Operations Authorization today to CNOOC Petroleum North America ULC, to enable exploration drilling to commence in the Canada-NL Offshore Area, utilizing the Stena Forth drill ship. The authorization is valid until September 30, 2021.” —- Issued by C-NLOPB via social media on Tuesday, April 27, 2021.

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Guyana will become just the 11th nation in history to reach million barrel a day milestone – WoodMac

UK-based global energy consulting group Wood Mackenzie says Guyana is in a unique position as the world’s newest major oil producer. Other oil- and gas-dependent producers are contemplating the threat posed by the energy transition to their economy. Guyana’s oil, only just being commercialised, promises to transform the nation’s wealth. Guyana’s oil fields are prodigious. [

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Noia’s Virtual AGM

The following candidates are seeking election for the 2021 Noia Board of Directors: For the position of Vice-Chair: Christian Somerton (acclaimed) For the position of Treasurer: Gerry Mayo, PF Collins International Trade Solutions (acclaimed) For the position of Director (3 vacancies) *: Paul Broders, Wood Caron Hawco, Caron Hawco Group Inc. Kristina Ennis, SEM Ltd. […]

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