Atlantic Canada Oil Spill Caused by Weak Flowline Connection
A weak connector on an underwater oil flowline caused a spill during a fierce Atlantic storm last week off the coast of Canada's Newfoundland & Labrador, Husky Energy Inc said on Tuesday.The spill is the largest-ever off the coast of the Canadian province…
Exxon Selling Stake in Terra Nova Oil Project
Exxon Mobil Corp is selling its entire stake in the Terra Nova oil project off the eastern coast of Canada, though the world's largest publicly traded oil producer said it was committed to remaining an investor in the region. The project, located about 217 miles (350 km) off Newfoundland and Labrador…
Come By Chance Refinery Samples New Crude
Canada's Come By Chance refinery, located on the eastern island of Newfoundland, is for the first time buying domestic crude pumped from fields only a few hundred miles offshore, marking the latest addition to its increasingly versatile slate. The 115,000…
Terra Nova Oil Field Running at Reduced Rate
The Terra Nova oilfield offshore Atlantic Canada is currently running at reduced rates of a few thousand barrels per day below normal levels, Husky Energy said in a third-quarter earnings call on Thursday. Husky has a 13 percent working interest on the Terra Nova field, which is operated by Suncor Energy Inc.