Drop in price of oil not long-term: Martin

Posted in News on October 17, 2014

From The Telegram
The following text was excerpted from the media outlet cited on October 17, 2014 and is provided to Noia members for information purposes only. Any opinion expressed therein is neither attributable to nor endorsed by Noia.

Unlikely that exploration, new projects affected by dip

The president and CEO of Nalcor Energy does not, at this point, expect the plunge in the price of Brent crude to result in a sudden decrease in exploration and development in Newfoundland and Lab­ra­dor’s offshore area.

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