Status report: slow starts and further delays for N.L. offshore in 2021-22
As the promise of government relief funds begin to flow, the perils of the pandemic continue to plague Newfoundland and Labrador’s offshore oil and gas industry. Though oil production continues at Hibernia, Hebron and the SeaRose Floating Production Storage and Offloading Vessel (FPSO), the Terra Nova FPSO has not produced oil in over a year. The oil and gas industry is accustomed to handling rapid change at a global-scale, with oil prices influenced by everything from politics to production and demand to the quality of crude oil. But the magnitude of the COVID-19 crisis is incomparable to anything the industry has weathered, creating a slump in the demand for crude oil. That lull continues, as the world hunkers down for the latest round of pandemic lockdowns.
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Understanding HERstory: the evolution of the 25 Most Powerful Women
Picture this—it’s December 2020 and we had just sent our January issue to the printer. Our editorial team was gathered around the small round table in the corner of my office, planning the content for our March edition. Thematically speaking, this is our annual energy issue, so the first order of business was to identify the regional energy stories we were going to cover.
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