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Showing posts with label offshore royalties. Show all posts
Showing posts with label offshore royalties. Show all posts
04 November 2015

Admission of failure: Conservative offshore negotiations #nlpoli

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The news release on the government’s generic offshore royalty  wasn’t exactly a model of clarity and accuracy. The headline and first sen...
04 September 2015

Timeliness #nlpoli

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The federal and provincial governments need to sort out a royalty regime for the areas of the seabed outside the 200 mile exclusive economic...
24 March 2011

Feds, Quebec announce joint deal on offshore resources

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Natural Resources Canada news release: “The Honourable Christian Paradis, Minister of Natural Resources, and Nathalie Normandeau, Quebec D...
02 June 2010

North Amethyst pumps first oil

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A few things to note about the news that the White Rose extension field – called North Amethyst – pumped its first oil this week; It t...
30 August 2009

Freedom from information: Talk about low-balling

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Oil production in the first four months of fiscal 2009 is down about 23.5%   - on average - compared to the same period in 2008. But Hiber...
16 June 2009

Hibernia Southern Extension MOU Assessment, Part I: Royalty - some potential added cash plus a cap

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While Danny William’s radio tirade/meltdown is rapidly eclipsing his own good news announcement nationally, there is interest in assessing ...
22 January 2009

Offshore royalty audits “Behind, big time”: Dunderdale

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In July 2006 when Danny Williams accused ExxonMobil of denying the provincial government access to the books for the Hibernia project there...
20 September 2008

"Reality Check" reality check on Equalization and the Family Feud

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The crew that put together's CBC's usually fine "Reality Check" can be forgiven if they missed a few points by a country m...
17 September 2008

$794 million deficit: the ABCs of provincial government budgeting

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If crude oil averages US$87 per barrel through the current fiscal year (ending 31 March 2009) and the government performs exactly as budgete...
30 August 2008

Risky Business 2: Provincial government cost/revenue estimates

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The Telegram front page today carries a story on the provincial government's revenue estimates for the Hebron project in three scenarios...
18 December 2007

White Rose observations

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The provincial government and the White Rose partners revealed some further detail of the White Rose expansion project on Monday. Some ob...
08 September 2007

Brave talk, but still meaningless blather

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Natural resources minister Kathy Dunderdale signed off on another extension to the White Rose oil field on Friday. Husky energy, the main ...
03 September 2007

Deconfusing the royalty confusion

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In Friday's National Post , Premier Danny Williams said: With regards to criticism of modifications to the basic royalty, it is importan...
31 August 2007

Williams creates Hebron royalty confusion

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In a letter to the Friday National Post , Premier Danny Williams has given a completely different version of the Hebron royalty regime fro...
27 August 2007

Hebron basic royalty, a preliminary assessment

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[Note: Some people may not have noticed but if you press the play button on the slide display with this post, there is an audio file giving...
23 August 2007

Masters of our domain: province lowers royalty for Hebron pre-payout phase

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"I've indicated publicly before, when Mr. Grimes offered the more favourable royalty regime, that I wasn't in favour of that,&...
19 August 2007

So how much is fair, exactly?

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When it comes to oil and gas royalties, there's a debate in Alberta. There's no debate in Newfoundland and Labrador. Mostly there&#...
19 April 2007

Brown and browned off

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Give credit for the title to CBC television's supperhour news and the banter between the anchors after a segment on Premier Danny Willi...
16 April 2007

Goodale calls Harper move "betrayal" of NL and NS

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From Canadian Press . "The worst betrayal of all was the barefaced failure to tell the truth on the issue of equalization and the Atlan...
13 April 2007

Economics: the dismal science

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Wade Locke has adjusted his assumptions . Now he says that what was originally a big gain for the province is in fact a loss. Yes, the 50% e...