(St. John’s, NL – October 29, 2025) Energy NL extends congratulations to Premier Tony Wakeham and Minister of Energy and Mines Lloyd Parrott on their swearing-in today and looks forward to working with them to ensure a dynamic and thriving Newfoundland and Labrador energy industry, led by a robust supply chain of Energy NL members.
“Energy NL has previously had constructive discussions with both Premier Tony Wakeham and Minister Lloyd Parrott, and we look forward to working with them as we approach a very important period in the development timeline of the Newfoundland and Labrador energy industry. During the provincial election, Premier Wakeham’s energy platform – including his response to Energy NL’s letter to party leaders – was extremely robust and included advocating for the end of the federal emissions cap, incentivizing offshore investment, and developing a 10-year energy plan. Premier Wakeham also committed to working with Energy NL and I look forward to beginning that work right away. We have significant opportunity before us and working collaboratively, I am confident our future is bright.”
• Charlene Johnson, Energy NL CEO
At the outset of the 2025 Provincial General Election, Energy NL wrote party leaders seeking their responses to questions on key energy issues facing Newfoundland and Labrador. Premier Wakeham said his government will advocate for the cancellation of the federal emissions cap which is a cap on production and support incentives for offshore oil and gas projects such as an investment tax credit or the former Petroleum Incentive Program. He committed to work with Energy NL to review incentives that could be implemented provincially and consult with stakeholders on the development of a 10-year energy plan for renewable and non-renewable energy.
With respect to ensuring local benefits for energy projects, Premier Wakeham said his government would ensure Newfoundlanders and Labradorians are the first to receive benefits from energy projects and all projects of $500,000 or more will require local community benefits agreements. He said his government would ensure first consideration for local supply companies as outlined in the Atlantic Accord and committed to a competitive fiscal framework for onshore wind projects to provide clarity for investors and proponents and assist with community engagement. Energy NL represents over 500 member organizations worldwide which are involved in the energy sector. Members are active in all areas of the supply and service sector and include a diverse representation of businesses that range from offshore supply vessels and helicopters, carbon reduction and sustainable technologies, health and safety equipment and training, engineering solutions and fabricators to law firms and human resource agencies.
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Media contact:
Ken Morrissey, Chief Strategy & Communication Officer
Mobile: 709-725-5172 |[email protected]| @WeAreEnergyNL
