Nalcor

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Nalcor reports higher profits for first quarter of 2019

Nalcor Energy is reporting higher profits for the first quarter of 2019. CEO Stan Marshall says first power from Muskrat Falls is still expected...
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No changes to Muskrat Falls cost and schedule announced at Nalcor AGM

Nalcor announced no changes to the cost and schedule of Muskrat Falls at its annual general meeting on Tuesday. CEO Stan Marshall suggested the...
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Government introduces Bill 42 to separate oil company from Nalcor

Natural Resources Minister Siobhan Coady introduced Bill 42 in the House of Assembly on Monday. The legislation will separate Nalcor's oil and gas division...
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No ice problems on Exploits River as cold snap drives power demand

The continuing cold snap across the province has increased demand for electricity. But so far ice conditions on the Exploits River have caused no...
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Vice-president for Muskrat Falls transmission leaves Nalcor

Nalcor CEO Stan Marshall announced changes Friday to senior management. The vice-president of power supply, John MacIsaac, has left the company after eight years. “The...
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Nalcor wants redactions in forensic audit of Muskrat Falls construction

The Muskrat Falls inquiry will hold a special hearing Jan. 22 to deal with an application by Nalcor to keep certain information secret. Grant...
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‘The brand of Nalcor has certainly been tarnished,’ premier says after Muskrat Falls hearings

Premier Dwight Ball says Nalcor's brand has been "tarnished" following the first phase of hearings at the Muskrat Falls inquiry. Ball and Natural Resources...

Nalcor enters into contract with Pennecon for Muskrat Falls Project

There's a new development at this hour regarding work at the Muskrat Falls site. Stan Marshall, Nalcor CEO, has issued a statement regarding the Muskrat...
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Astaldi managers wait to find out when wages will be unfrozen

More than 120 non-unionized workers with Astaldi should know more next week about when their wages will be paid. Astaldi has filed a court...

Short-term contract awarded for work on West Aquarius Drill Rig at Bull Arm site

Local contractor, DF Barnes, has been awarded a short-term contract by Seadrill which will bring the ultra-deepwater semi-submersible drilling rig, West Aquarius, to the...