Ashok Dutta

In this insightful discussion, Ashok Dutta, a Calgary-based journalist specializing in Canadian energy, delves into Newfoundland and Labrador's sprawling offshore oil reserves estimated at 124 billion barrels. He highlights investment hurdles against other lucrative options in the Americas, particularly with the delayed Bay du Nord project and ExxonMobil’s promising Persephone prospect. Ashok also touches on regulatory challenges, the imperative for new capital, and the potential for green hydrogen projects, painting a complex picture of the region’s energy future.