Ownership over royalties

Newfoundland opts for equity ownership of up to 10%; unveils draft natural gas royalties; industry likes ‘clarity, stability’

Gary Park

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....

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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