Newfoundland Natural Resources Minister Kathy Dunderdale told members of the provincial parliament that“negotiations are going very well but they are complex”and expressed hope that a deal will be ...

Williams said a memorandum of understanding (MOU) paving the way for the project to go ahead was signed today. Four partners that were set to develop the 731-million-barrel field at a cost of C$6 ...

The province of Newfoundland and Labrador has allowed ExxonMobil to exploit sands that were not part of the original plan. Image by Hello my names is james,I'm photographer. via iStock The Canadian ...

Exxon Mobil Corporation XOM has received approval from national petroleum development regulator and Canadian province of Newfoundland and Labrador for the new development plan of Hebron oil field.

According to a report in the Chronicle Herald, the Newfoundland government is not bowing to pressures from big oil to reduce its royalty rates from the proposed $5-billion Hebron heavy oil project in ...

ExxonMobil Canada Properties has awarded a 5-year contract extension to Aker Solutions to provide engineering, procurement, and construction (EPC) services for the Hebron platform, offshore ...