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Vol. 12, No. 24 Week of June 17, 2007
Providing coverage of Alaska and northern Canada's oil and gas industry


Newfoundland ready for test of wills

Williams: Hebron partners won’t get better offer; set to demand equity stake of at least 5 percent in all new offshore projects

Gary Park

For Petroleum News

Premier Danny Williams is immensely popular in his home province of Newfoundland, where the polls indicate he is a prohibitive favorite for re-election in October. But he’s immensely unpopular with oil producers who are the leading contributors to his government’s treasury. Having taken the industry....

    [additional news subjects in this story]

Wants to join ranks of state-run oil companies

Government will demand more in fall

Province got C$1B of $17B in profits

Must share in risk, says CAPP


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