A pair of executives at Kinder Morgan Canada have each been awarded $1.5-million retention bonuses in connection with the sale of the Trans Mountain pipeline to the Canadian government.

Oil giant ExxonMobil Canada Ltd. is on the hunt for a harsh-environment drill rig to carry out an exploration program in the Flemish Pass.

More than a thousand people from around the world are locked in a competition to see if they can come up with a better way to spot icebergs off the coast of Newfoundland.

Norway's trillion-dollar sovereign wealth fund is proposing to drop oil and gas companies from its benchmark index, which would mean cutting its investments in those companies, the deputy central bank chief supervising the fund told Reuters, sending energy stocks lower.

A judge has dismissed the Newfoundland and Labrador governments bid to set aside the decision of an arbitrator that could have affected the calculation of royalties from the Hibernia offshore oil project.

While the results are "disappointing" feasibility of development is still being looked at, says Statiol in press release.

Major project spending in Newfoundland and Labrador has plunged by 30 per cent in recent years, but the outlook is not all bad, says an economic think-tank in Atlantic Canada.

A new Statoil drilling program in the Flemish Pass is creating a sense of optimism in the Newfoundland and Labrador offshore industry.

For the third time in four years, Nova Scotia's offshore petroleum regulator has announced no bids were received for this year's annual exploration parcel offer.

Dahlia Waller and Bridget Swift are singing some happy tunes, after the duo's big win at the Newfoundland and Labrador Folk Festival this past weekend.

The assessment of a 19-month Statoil drilling program in Newfoundland's offshore is continuing, but the company says it has made two discoveries in the Bay du Nord area.

Results of a drilling campaign in the highly touted Flemish Pass Basin will be made public early this summer, says an official with the Norwegian-based oil and gas company Statoil.

A spokesperson for Kiewit said opportunities for work at the Cow Head facility in the short-term have 'diminished significantly'.

A major player in Newfoundland's offshore oil industry has reached a deal to move its head office from the heart of downtown St. Johns to a growing commercial and retail area off Kenmount Road.

Ahead of Wednesday night's vote, student union members are split over on the decision to push the university to sever some of its financial ties with fossil fuel companies.

Shareholders are pushing Canada's dominant oilsands player to provide more detail on two sticky topics: its plans to thrive under tougher climate policy and its political lobbying.

Hercules will soon be making way for Henry in Newfoundland's offshore, with one drill rig winding down operations while an old reliable is prepped for a return.

The Newfoundland and Labrador government is embroiled in another dispute over the calculation of offshore oil royalties, this time involving the Hibernia field.

Corvus Energy says it's doing the same for cargo ships as Tesla has done for cars. But is that enough to get the shipping industry to use clean energy?

The fishing bank has been off limits since 1988. This extends the protection until at least 2022