HIBERNIA STALLED BY NEWFOUNDLAND GOVERNMENT
January 1st, 2007
BY MONICA DOBIE, in Ottawa
TO land a better tax and royalty deal, the government of Newfoundland & Labrador has rejected a proposal from a consortium including Exxon Mobil, Chevron, Petro-Canada and Norsk Hydro to expand Hibernia, Canada's largest oil field, about 300 kilometres offshore Newfoundland island.
TO land a better tax and royalty deal, the government of Newfoundland & Labrador has rejected a proposal from a consortium including Exxon Mobil, Chevron, Petro-Canada and Norsk Hydro to expand Hibernia, Canada's largest oil field, about 300 kilometres offshore Newfoundland island.
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