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Saturday, May 30th, 2020

Commodities

Commodity Pricing

Irving Oil’s Come By Chance refinery purchase a ‘building block’ to get Western Canadian oil east

- CALGARY – One of Canada’s richest families is buying Newfoundland and Labrador’s only oil refinery, which will be a “building block” in a larger strategy to process more Canadian oil. Saint John, N.B.-based Irving Oil announced Thursday plans to buy North Atlantic Refining Corp. and its Come By Chance, Nfld. refinery from New York-based investment […] Continue Reading

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You can’t “diversify away” from anything. Diversification does not mean to do less of one thing - It means to do more of other things. That I can support but I can’t ... support doing less exploration & oil production. How else can we ever deal with the $61 billion GDP loss? https://twitter.com/nlndpcaucus/status/1266408780872462340

GUEST COLUMN: Newfoundland and Labrador's offshore oil sector in urgent need of assistance | The Chronicle Herald ... https://www.thechronicleherald.ca/business/perspectives-on-business/guest-column-newfoundland-and-labradors-offshore-oil-sector-in-urgent-need-of-assistance-455149/#.XtEktgfOPmQ.twitter

"Over the last three decades, growth in the oil industry has helped create a highly skilled, safety conscious and productive workforce, said @TradesNL Director Darin King, and "we ... cannot risk losing them."
https://www.cbc.ca/news/canada/newfoundland-labrador/oil-ottawa-offshore-1.5585156?__vfz=medium%3Dsharebar

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