According to the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), approximately 7.5 million barrels of oil were extracted from offshore Newfoundland and …

North Atlantic Oil Refinery. The North Atlantic Oil Refinery is located at the head of Placentia Bay. It has a rated crude production capacity of 115,000 barrels per day and storage capacity of …

Few jurisdictions in North America can match the immense value of the province’s vast energy warehouse of oil, gas, hydro, wind and other energy sources. Three facilities are currently …

Current and Future Production Hibernia —Oil Reserves: 1.812 Bbbl —Gas Resources: 2.343 TCF —Operator: ExxonMobil —Water depth: 80 m HIBERNIA FIELD —Cumulative Production to …

The extraction and processing of crude oil, minerals, fish and forest resources accounted for approximately 33 per cent of gross domestic product (GDP) in 2022. The geographic location …

5 days ago · Oil Production Up 1.3% in November 2024. Population stood at 545,880 as of October 1, 2024. Business Sector Productivity in Newfoundland and Labrador 1997-2023. …

The Hebron project, in the Jeanne d’Arc basin, has been estimated to contain 566 million barrels of oil. For estimates of recoverable oil and gas reserves and resources and production …

At peak production, the project will produce approximately 75,000 barrels of oil per day in 2025. Husky Energy and its partners, Suncor Energy and Nalcor Energy, will use a fixed wellhead …

Our government knows the potential of our undiscovered and undeveloped oil and gas reserves. We will leverage our globally competitive position and our highly competent and professional …

The oil and gas industry, its workforce, and resource-rich economies like Newfoundland and Labrador must plan for what lies ahead. It will require a new lens – one that factors in the …