Nalcor Energy today released its Business and Financial Report for the year ending December 31st, 2015 including consolidated financial statements. Nalcor’s focus continues to be firmly on providing reliable electricity service to customers, as well as developing growth opportunities in Oil and Gas, Energy Marketing, Bull Arm Fabrication and the development of Muskrat Falls. During… Read More
Dr. Richard Wright, Exploration Manager with Nalcor Energy, Oil and Gas was honoured with the Rising Star Award by the Newfoundland and Labrador Oil & Gas Industries Association (Noia) today at the 2016 Industry Achievement Awards Luncheon. The Rising Star Award was launched by Noia in 2014 to recognize the talents of an impressive individual… Read More
Nalcor Energy is the recipient of Natural Resources Magazine Resource Development Award for the oil and gas exploration work the company is carrying out offshore Newfoundland and Labrador. The Resource Development A ward is given to a company that develops an oil and gas, mining or renewable energy resources project in Atlantic Canada that results… Read More
Nalcor Energy released its 2015 third quarter update today. “Nalcor’s businesses are in good position overall as we approach the end of 2015,” said Ed Martin, President and Chief Executive Officer. “The company remains focused on safety as our top priority, on executing our current projects, and on continuing to manage and grow the province’s… Read More
Nalcor Energy Oil and Gas in partnership with MG3 (Survey) UK Limited and Amplified Geochemical Imaging have completed a multi-client seabed coring program for offshore Newfoundland and Labrador. “We are focused on finding new oil and gas potential for the people of Newfoundland and Labrador,” said Jim Keating, VP Oil and Gas, Nalcor Energy. “Our… Read More
Ed Martin, CEO, Nalcor Energy, parent company of Newfoundland and Labrador Hydro, today announced the appointment of John MacIsaac as President, Newfoundland and Labrador Hydro (Hydro), effectively immediately. Since 2010, MacIsaac has been Vice-President, Project Execution and Technical Services and the Nalcor Executive lead for Churchill Falls operations. His focus on rigorous planning, execution and… Read More
The Government of Newfoundland and Labrador, Nalcor Energy and Beicip-Franlab announced today that the “in place” oil and gas resource potential is 12 billion barrels of oil and 113 trillion cubic feet of gas for 2015 license round area in offshore Newfoundland and Labrador. “This is an momentous day for the future of Newfoundland and… Read More
Nalcor Energy released its 2015 second quarter update today. “Despite challenging global commodity prices, Nalcor’s businesses are performing well and the company is in a position of strength,” said Ed Martin, President and Chief Executive Officer. “We are continuing to invest in and grow Newfoundland and Labrador’s energy assets, which are now at more than… Read More
Ed Martin, President and Chief Executive Officer and Derrick Sturge, Vice President and Chief Financial Officer presented Nalcor Energy’s 2015 first quarter update today. “Over the past several years, Nalcor and the Province have made important investments in Newfoundland and Labrador’s valuable energy assets, including the provincial electricity system,” said Ed Martin. “As a result,… Read More
Members of the media are invited to attend Nalcor Energy’s 2015 first quarter financial call or live web cast on Thursday, May 14, 2015 at 1:00 PM. Ed Martin, President and Chief Executive Officer and Derrick Sturge, Vice President and Chief Financial Officer will present Nalcor’s 2015 first quarter financial update and highlight business accomplishments,… Read More