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Year: 2021

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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