Newfoundland and the League of Nations

Author(s):  
William C. Gilmore

In recent years considerable scholarly interest has been shown in the protracted dispute between the Canadian federal government and its counterpart in Newfoundland and Labrador concerning ownership and jurisdiction over the mineral resources of the continental shelf adjacent and geologically appertaining to the Province of Newfoundland. It is to be expected that the promise of commercial deposits of oil and natural gas indicated during the 1980 drilling season, and the much-publicized discussions between the two governments as to the basis for a possible political solution to the question, will stimulate increased study of the pertinent issues in academic as well as governmental circles.

Author(s):  
Donald Wright

‘Norths’ distinguishes between the real northern Canada and its imagined north. The frozen north is a symbol of Canada that appears in songs, art, and literature. The actual north is rich in mineral resources, creating phenomena like the Klondike gold rush of the late 19th century. Other regions are rich in oil and natural gas. Fifty per cent of Canada is permafrost, making its landscape particularly vulnerable to climate change. This intensifies old questions about sovereignty, with the world’s Arctic powers engaged in a new gold rush. With shrinking glaciers appearing in both headlines and literature, the landscapes of the real and the imagined north are changing.


2017 ◽  
pp. 19-23
Author(s):  
R. M. Bembel ◽  
Y. Gao ◽  
Yu. F. Miao ◽  
I. A. Schetinin

In the work the assumption is made that a geosoliton formation mechanism of oil and natural gas generation and accumulation foci is capable of creating radioactive and rare-earth elements, diamonds, various metals and other strategic raw materials in the same geosoliton tubes. It is proposed to begin the design of technologies to develop such complex deposits.


1977 ◽  
Vol 15 (3) ◽  
pp. 538 ◽  
Author(s):  
Francis M. Saville

Traditionally, the price of petroleum and natural gas in Canada has been relatively low. However, recent changes in the international market have placed pressures upon the federal and provincial governments to reassess the pricing of these commodities. As consequence, Alberta has, in an effort to raise natural gas prices, passed the Arbitration Amendment Act, which forces the field price of gas towards the commodity value and the Natural Gas Pricing Agreement Act, which acts as an agreement with the federal government regarding natural gas prices. At the same time, the federal government has enacted the Petroleum Administration Act to regulate the price of crude oil and natural gas. This article discusses the various acts, in particular the Natural Gas Pricing Agreement Act, as well as the con stitutionality of such legislation and the future pricing of natural gas in Canada.


Author(s):  
Yuri Fridman ◽  
Galina Rechko ◽  
Ekaterina Loginova

The article considers the problems related to harmonizing the development of a resource area (a region). Modern scientific literature generally presents resource areas as regions producing oil and natural gas. In the context of the article, Kemerovo Region – Kuzbass is selected as the object of this study, where neither oil nor natural gas are produced, and where the fundamental industry is coal mining. We point out that, in the absence of consensus between authorities and business concerning the prospective development of the region, its economy may decay even despite obvious success in coal extraction and processing. It is strategically important for the Kuzbass to create an efficient infrastructure for transforming the development of the coal industry into the economy-wide development of the region. Taking into account the best international harmonization practices, we propose a conceptual system of mechanisms aimed at coordinating the interests of commoditydriven business and resource area. It is built on defining, assessing and launching the mechanisms for harmonizing ‘common grounds’ shared by coal industry and Kemerovo Region. These mechanisms are as follows: first, moving the decision-making center concerned with mineral resources development into the region imminently close to coal-mining areas; second, effective tax administration; third, increasing localization; fourth, regional infrastructure development; fifth, a new environmental standard for the region; and sixth, a fair social standard in the region. The concept in question relies on the need to introduce business models to the industry management that would harmonize with the interests of the territory. At the same time, the territory should start to build a new economy by creating new standards that would establish requirements for doing business.


2015 ◽  
Vol 17 (1) ◽  
pp. 95-115 ◽  
Author(s):  
Anthony Lucky

The concept and the process of development of the regime of the continental shelf began in the 1930s when the exploration for oil and natural gas extended to the submarine areas of some coastal states. An orderly process was prescribed in the Gulf of Paria Treaty of 1942. The doctrine of the Continental shelf received an impetus in the Truman Proclamation of 1945. In light of the unilateral declarations by coastal states, and to ensure an orderly process, States concluded the 1958 Geneva Convention on the Law of the Sea. The 1982 United Nations Convention on the Law of the Sea codified the existing laws and is still in force. In this age of rapid technological advancement, the law has provided the necessary guidelines and controls for orderly exploration and exploitation in the continental shelf and will continue to keep abreast of technological advancement.


1980 ◽  
Vol 18 (1) ◽  
pp. 54
Author(s):  
Colin Douglas

The province ofNewfoundland and the federal government both claim ownership of the oil and gas resources off the coast of Newfoundland. This paper examines the legal arguments that could be raised in the event that the issue is litigated. Matters examined include the applicability of the continental shelf doctrine, whether New foundland could successfully assert more limited claim to the area within three miles of its shoreline, and the possible legislative competence of each government in relation to the offshore oil industry.


2020 ◽  
Vol 16 (9) ◽  
pp. 1656-1673
Author(s):  
V.V. Smirnov

Subject. The article discusses financial and economic momenta. Objectives. I determine financial and economic momenta as the interest rate changes in Russia. Methods. The study is based on a systems approach and the method of statistical analysis. Results. The Russian economy was found to strongly depend on prices for crude oil and natural gas, thus throwing Russia to the outskirts of the global capitalism, though keeping the status of an energy superpower, which ensures a sustainable growth in the global economy by increasing the external consumption and decreasing the domestic one. The devaluation of the national currency, a drop in tax revenue, etc. result from the decreased interest rate. They all require to increase M2 and the devalued retail loan in RUB, thus rising the GDP deflator. As for positive effects, the Central Bank operates sustainably, replenishes gold reserves and keeps the trade balance (positive balance), thus strengthening its resilience during a global drop in crude oil prices and the COVID-19 pandemic. The positive effects were discovered to result from a decreased in the interest rate, rather than keeping it low all the time. Conclusions and Relevance. As the interest rate may be, the financial and economic momentum in Russia depends on the volatility of the price for crude oil and natural gas. Lowering the interest rate and devaluing the national currency, the Central Bank preserves the resource structure of the Russian economy, strengthens its positions within the global capitalism and keeps its status of an energy superpower, thus reinforcing its resilience against a global drop in oil prices.


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