Premier Andrew Furey of Newfoundland and Labrador emphasized the province's commitment to the offshore oil industry during the annual Energy N.L. conference, positioning the region as the future 'energy capital of North America.' While acknowledging the global transition to cleaner energy sources, Furey stated the province's intention to continue oil and gas production for the foreseeable future. ExxonMobil Canada's announcement of a $1.5 billion investment in offshore projects, including the Persephone well exploration, further solidified this commitment. However, the conference also showcased the increasing interest in hydrogen, with representatives from green hydrogen projects meeting some resistance from protesters. The World Energy GH2 wind-to-hydrogen proposal faced opposition due to concerns about landscape disruption. Inside the conference, the CEO of World Energy GH2 outlined the project's progress and the importance of securing stable contracts with buyers, awaiting federal tax credit details. As the EU pushes for clean energy targets by 2030, companies like World Energy GH2 are optimistic about the demand for green hydrogen. The federal budget's inclusion of tax credits for clean hydrogen projects signals support for the industry's growth. Despite the rising interest in hydrogen, Newfoundland and Labrador remains focused on leveraging its offshore oil resources while exploring opportunities in the evolving energy market.