Maersk Drill Rig

Offshore Drilling

About five percent of Canada’s oil production and one per cent of gas production happens offshore of Newfound and Labrador and Nova Scotia.

Offshore projects produce an estimated 220,000 barrels of oil and one trillion cubic feet of natural gas every day in Atlantic Canada and there is currently pressure for increased offshore drilling.

Latest News about "Offshore Drilling"

Canada’s fossil fuel subsidies amount to $1,650 per Canadian. It’s got to stop.

According to a new International Monetary Fund (IMF) report, Canada subsidized the fossil fuel industry to the tune of almost $60 billion in 2015 —...

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