Industry Minister Andrew Parsons says they’ve been looking at the sale of various assets for the past few years and now, they want to see what type of interest is out there.
Government is moving ahead with Phase III of the review of the province’s current offshore oil and gas interests. Specific focus will be on the province’s 4.9 per cent equity position in Hebron, 8.7 per cent equity position in the Hibernia Southern Extension, five per cent equity position in the White Rose Extension project, and the asset within Oil and Gas Corporation of Newfoundland and Labrador. Industry Minister Andrew Parsons says they’ve been looking at the sale of various assets for the past few years and now, they want to see what type of interest is out there. Parsons says while government is aware of the value of oil and gas, it depends on what someone is willing to pay. He says government will always be guided by the goal of ensuring the greatest long-term benefits for residents.
Ivan Loder charged with first degree murder after a shooting in Grand Falls-Windsor this morning
Thousands of tax returns filed since 2015 with the help of volunteers and business students at Grenfell Campus
April 30th marks 100 days until the start of the 2026 NL Summer Games in Corner Brook
BOISAR members called in to help search for a missing Corner Brook man, later that day his body was found
Bay St. George RCMP arrested a man Monday after he fled on an ATV and then became physical with officers
