Canadian Natural Resources Ltd (CNQ.TO) on Tuesday joined its rivals in forecasting higher capital expenditure and production in 2022, as it bets on a sustained recovery of oil and gas prices from the pandemic-driven historic lows. Canadian producers are raising their full-year expenditures as they benefit from rallying crude and gas prices. However, companies are […]
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Charlene Johnson’s interview on VOCM’s morning show on Monday, January 10, 2022. Noia is encouraging the provincial government to reconsider their decision to put a pause on the offshore seismic program for this year and to plan an offshore seismic program for 2023.
NOIA, Opposition concerned about effects of pausing program Newfoundland and Labrador’s government says the decision to pause an annual offshore seismic survey is a smart move, but its sparking a wave of reactions from oil industry stakeholders. In place since 2010, the annual seismic program sees specialized vessels sending jolts of pressurized air to the […]
Andrew Furey, Premier of Newfoundland & Labrador, reneges on pledge to continue funding seismic programme The Newfoundland & Labrador (NL) government in Canada has provoked the anger of the province’s upstream sector by refusing to allocate funds towards offshore seismic campaigns for 2022, backtracking on a pledge made in writing last year. Over the last […]
