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Atlantic Canada looking to attract investors to boost oil output

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Federal and provincial elections and carbon policies will play decisive roles in 2025, as Newfoundland and Labrador – home to over 200,000 b/d of light, sweet crude – jostles to maintain production and attract new investments into its legacy offshore acreages, according to sources. Newfoundland and Labrador’s Premier Andrew Furey is not known to play ...

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