Ownership over royalties
Newfoundland opts for equity ownership of up to 10%; unveils draft natural gas royalties; industry likes ‘clarity, stability’
For Petroleum News
Newfoundlanders, in their own words, “will tell it to you straight, boy.”
That message has come across loud and clear over the past 16 months in the jarring test of wills and the high-risk gamble between firebrand Premier Danny Williams and some of the world’s oil and gas giants.
In the midst of con....
[additional news subjects in this story]
Gamble on oil prices
Williams: no more giveaways
Prices assumed to be driver
Learning a costly lesson
Canada unloaded shares
Others less memorable
Future oil price unknown
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