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Month: November 2021

Noia Welcomes Braya Renewable Fuels Announcement

(St. John’s, NL – November 30, 2021) Today, the Government of Newfoundland and Labrador announced that Cresta Fund Management has reached an agreement to purchase a majority interest in the North Atlantic Refinery at Come By Chance, Newfoundland and Labrador to produce renewable diesel and sustainable aviation fuels. Noia welcomes this announcement as it ensures […]

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LNG Proposed Offshore Gas Hub Registers for Environmental Assessment

A proposed development to supply international energy markets with liquified natural gas from the province’s offshore has been registered for environmental assessment. LNG Newfoundland and Labrador Limited, which is working in partnership with the First National Major Projects Coalition and the Miawpukek First Nation, is proposing to develop an offshore gas hub in the Jeanne […]

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Newfoundland and Labrador’s Regulatory Regime is Making The Province Unattractive for Oil and Gas Investment

HALIFAX—Texas is once again the most attractive jurisdiction in North America for oil and gas investment, while Newfoundland and Labrador ranked 16th out of 22 provinces, territories, and US states in the latest survey of petroleum-sector executives released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank. “Newfoundland and Labrador’

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Provincial Government Announces Support for Oil and Gas Supply and Service Sector Projects

The Honourable Andrew Furey, Premier of Newfoundland and Labrador, along with the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, today announced financial support for 26 supply and service projects through the Newfoundland and Labrador Offshore Oil and Gas Industry Recovery Assistance Fund, totaling approximately $35.5 million. The announcement was held at Fisheries and [&

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