Category : Search result: Newfoundland oil industry


Snowfall, Wind Warning for Newfoundland Friday

Environment Canada warns of significant snow and powerful winds hitting Newfoundland Friday and overnight. Residents should prepare for hazardous travel and potential disruptions.

Winter Storm Hits Ontario and Newfoundland

A significant winter storm is bringing freezing rain and snow to parts of Ontario, while Newfoundland prepares for blizzard conditions. Stay updated on weather warnings and travel impacts.

Venezuela Seeks to Criminalize Oil Tanker Seizures

Venezuela's government is pushing to criminalize the seizure of its oil tankers as former U.S. President Donald Trump increases pressure on Nicolás Maduro's regime. This geopolitical tension could impact global oil markets.

U.S. seizes oil tanker off Venezuelan coast

U.S. authorities have seized an oil tanker near Venezuela, officials confirmed on December 20, 2025. The operation marks a significant escalation in maritime enforcement actions in the region.

Trump Orders Naval Blockade on Venezuela Oil Tankers

President Trump announces a blockade of sanctioned oil tankers bound for Venezuela, escalating military pressure to cripple the Maduro regime's economy. Read the latest on this major foreign policy move.

N.L. Deficit Balloons to $948M, Up 51%

Newfoundland and Labrador's fiscal deficit has surged to $948 million, a 51% increase. Finance Minister Craig Pardy addressed the province's worsening financial outlook in St. John's.

Oil Climbs as Traders Weigh Tensions Against Surplus

Oil prices rose in volatile trading as geopolitical risks clashed with signs of a growing market surplus. WTI gained 1.6% while Saudi Arabia cut prices to Asia. Explore the factors driving the market.

U.S. crude, fuel inventories rose last week: EIA

The U.S. Energy Information Administration reported a rise in crude oil and fuel stockpiles for the previous week. Get the latest data on energy inventories and market implications.

N.L. Courtrooms Shut Down Suddenly Across Province

Courtrooms throughout Newfoundland and Labrador were abruptly closed on December 3, 2025, disrupting judicial proceedings. Get the latest details on the unexpected shutdown and its impact.

Rocky Shore Gold Adds Two Historical Gold Resources in NL

Rocky Shore Gold Ltd. strengthens its Gold Anchor Project in central Newfoundland by acquiring claims hosting historical resources of over 938,000 gold ounces. The move consolidates its position in a prolific gold belt.

Record Nickel Recovery at Pipestone XL Project

First Atlantic Nickel reports its highest awaruite nickel-iron-cobalt alloy grades to date from expansion drilling at the Pipestone XL project in Newfoundland, marking a significant step for domestic battery metals.

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