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Is there more oil and gas off Newfoundland? New bidding process opens for prospecting

C‑NLOER is opening up 16 parcels in two regions off Newfoundland’s eastern and southeastern coast for oil and gas exploration

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financialpost.com

thestar.com

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financialpost.com13 h fa

Newfoundland eyes $400 billion in natural gas off its coast

Newfoundland's Jeanne d'Arc Basin confirmed at 27.6 TCF ($400B) signals major LNG export potential and renewed Eastern Canada investment. Discovery positions infrastructure and technology plays, with federal backing for clean-energy transition.

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thestar.com8 h fa

Newfoundland and Labrador offering millions for exploration to open new oil frontiers

ST. JOHN'S - Oil production is ramping up off Newfoundland and Labrador and the government is offering money to companies interested in looking for more.

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Timeline cronologica

martedì 2 giugno 2026·financialpost.com
Newfoundland eyes $400 billion in natural gas off its coast
The shallow-water offshore Jeanne d'Arc Basin could be holding more than 35 trillion cubic feet of natural gas
martedì 2 giugno 2026·thestar.com
Newfoundland and Labrador offering millions for exploration to open new oil frontiers
ST. JOHN'S - Oil production is ramping up off Newfoundland and Labrador and the government is offering money to companies interested in looking for more.