
Corey Perry with a Powerplay Goal vs. Dallas Stars
Building A Contender: What The Ottawa Senators Can Learn From The Oilers And Panthers
Like the other 30 NHL general managers watching the playoffs, Sens GM Steve Staios is likely studying the Edmonton Oilers and Florida Panthers to better understand what sets them apart from the team he runs.
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Yahoo
29 minutes ago
- Yahoo
Newfoundland's offshore natural gas assessment results a 'significant milestone,' says minister
A new assessment of natural gas off Newfoundland's coast shows economic promise, says Energy Minister Steve Crocker. On Monday, the provincial government released its natural gas resources assessments, which suggests natural gas resources in the Jeanne d'Arc Basin range from 8.1 to 11.3 trillion cubic feet (tcf), with a best estimate of 9.7 tcf. Crocker calls the report a "significant milestone," and one that highlights "a promising new chapter in our energy future." "This assessment is more than just a technical document," Crocker told reporters. "It is a strategic tool that helps us understand how our offshore natural gas resource can drive economic growth and support the global transition to net zero emissions." Crocker said the data gathered will help investors make informed decisions. The province earmarked $4.7 million in the 2023 budget for the assessment. Crocker said the province focused on the Jeanne d'Arc Basic because it has existing infrastructure, shallow waters and a service community. The province will also inject $1 million for the next phase of the project, which includes further evaluations in the area. Crocker couldn't provide a timeline for when natural gas could be extracted, saying that would be up to the companies. "We'll put the information out there and hope to see that investment. Obviously that's something that'll come later as companies now have an opportunity to see this proven resource," he Crocker. He said the provincial government has to draft a royalty regime and will be consulting with companies to get feedback. "This will be done and invested and developed with the best interest of Newfoundlanders and Labradorians," Crocker said. Charlene Johnson, CEO of Energy N.L., says the assessment is a positive step for the sector. "We already offer the world a lower carbon form of energy, our offshore oil, and now we prepare to move forward with the possibility of providing another energy source — natural gas — that is in high demand internationally," she said. Energy N.L members have wanted to see the natural gas sector developed for years, Johnson said. "A lot of the focus has been on oil here, and that is still a key focus. But as the world needs natural gas, it's great that we've now turned our attention to that," she said. Roger Grimes, chair of the newly renamed Canada-Newfoundland and Labrador Offshore Energy Regulator, says he's looking forward to increased activity in the energy sector. He said as the industry regulator, natural gas will face similar scrutiny as other projects. "As the regulator, we focus primarily on safety first. Everything that's ever approved offshore, the number one priority is is it safe," Grimes said. "There's always the environmental considerations. Have all of the environmental issues been addressed and mitigated?" Download our free CBC News app to sign up for push alerts for CBC Newfoundland and Labrador. Sign up for our daily headlines newsletter here. Click here to visit our landing page.

Wall Street Journal
30 minutes ago
- Wall Street Journal
Stocks to Watch on Tuesday: Paramount, TSMC, Dollar General
🔎 Paramount (PARA): The entertainment conglomerate, which is in negotiations to settle an election-interference lawsuit by President Trump, nominated three new directors to its board. The CBS owner scheduled its shareholder meeting for July 2. 🔎 TSMC (TSM): The global chipmaker faces limited impact from tariffs, as levies are typically borne by importers, Chief Executive C.C. Wei said at a shareholder meeting. He guided for revenue and earnings to hit new highs this year. ↗️ Wolfspeed (WOLF): The semiconductor company rose in brisk trading off-hours. The stock has been volatile in recent weeks. The Wall Street Journal reported in late May that Wolfspeed was preparing to file for bankruptcy.


Bloomberg
37 minutes ago
- Bloomberg
Zuckerberg's Big Bet on War
Opinion Meta has teamed up with Anduril to develop tech for military uses. Bloomberg Opinion columnist Dave Lee says that's a big change for Silicon Valley from just a few years ago. (Source: Bloomberg)