The province and oil company are locked in tough negotiations over the project, with both sides agreeing to close a deal by early April. Williams, who already has a reputation as a tough negotiator in ...

The province of Newfoundland and Labrador has allowed ExxonMobil to exploit sands that were not part of the original plan. Image by Hello my names is james,I'm photographer. via iStock The Canadian ...

Chevron's Canadian subsidiary Chevron Canada said today that it and its partners are set to pull out of the Hebron development. Chevron said there were "significant and fundamental gaps" on financial ...

Hebron oil project approved by regulators Cost last pegged at C$5 bln to C$7 bln Will initially produce up to 150,000 bpd CALGARY, Alberta, May 31 (Reuters) - The Canada-Newfoundland and Labrador ...

HOUSTON, Aug. 26-- Chevron Canada Ltd. and its coventurers have this summer finalized legal agreements with Newfoundland and Labrador to develop the Hebron heavy oil fields in the Maritimes off ...

ExxonMobil Corp. reported it will develop the Hebron oil field offshore Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million bbl of oil, an increase over ...

Exxon Mobil Corporation XOM has received approval from national petroleum development regulator and Canadian province of Newfoundland and Labrador for the new development plan of Hebron oil field.