Tag Archives: oil and gas
From metals to seafood: 5 N.L. industries bracing for impact of potential U.S. tariffs
Newfoundland and Labrador industries with strong ties to the U.S. are bracing for impact in the face of President Donald Trump’s 25 per cent tariff threat, but some advocates are calling for a future where companies don’t exclusively rely on a trading partner to the south. On Saturday, the U.S. could impose tariffs on incoming Canadian goods. That has left some Newfoundland and Labrador industries worried. Association of Seafood Producers executive director Jeff Loder said Newfoundland and Labrador’s fishery is at stake under the threat of tariffs. About 90 per cent of snow crab harvested in the province is shipped to the U.S. “The snow crab fishery is set to open in the middle of March. This is already impacting negotiations between ASP and the FFAW. It will be one of the first sectors that’s directly impacted,” he said. more, >>CLICK TO READ<< 08:09
Fishing chief says wind projects bring ‘new challenges’ for Scottish fleet
The fishing industry has a key role to play in the energy transition amid a “spatial squeeze” in Scottish waters. That was the message from Elspeth Macdonald, chief executive of the Scottish Fishermen’s Federation,,, Ms Macdonald said fishers faced competition for territory from a range of other sectors, including aquaculture, oil and gas, and marine renewables. Marine protected areas are also a limiting factor on fishing opportunities, she added. And sea space is about to be “squeezed” even more by a raft of offshore wind energy developments as Scotland pursues its net-zero carbon emissions targets,,, >click to read< 11:36
New oil regulation means step backwards for fishermen
The change to allow environmental assessments for exploratory drilling offshore to be done quicker will impact Newfoundland and Labrador’s fishing industry,,, The move was made to help the province’s oil and gas industry, which has faced countless setbacks over the course of the year. However, FFAW President Keith Sullivan says the new regulation has removed fishermen from the consultation process. Sullivan said the faster approval of environmental assessments, along with seismic work expected to take place in the province later this year, adds up to a larger impact on the environment and the waters people fish in. “More exploration and drilling in areas can cause problems either directly, and then there’s added risk of things like oil spills >click to read< 17:37
