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Newfoundland and Labrador's energy minister is not ruling out public ownership in the proposed Bay du Nord project, despite a high-profile report last year that recommended the province sell its oil assets, and stay out of the oil business.
An offshore oil project that teetered on the verge of collapse not long ago will is about to take a major step towards resuming production when the Terra Nova floating production, storage and offloading vessel sets sail for a Spanish dockyard, likely this week.
A reassessment of the oil resource at the Hibernia South Extension project has determined that Nalcor Energy received 1.3 million barrels more than it was entitled to.
The Miawpukek First Nation and the First Nations Major Projects Coalition have signed an agreement to work toward increased equity participation in a project to monetize liquified natural gas.
An emergency debate about the future of the Terra Nova oilfield is scheduled for Monday morning, with a public rally also planned for the steps of Confederation Building.