"The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) was created in 1986 through the Atlantic Accord for the purposes of regulating the oil and gas industry offshore Newfoundland and Labrador. The Board operates at arms-length from governments and reports to both the Federal and Provincial Ministers of Natural Resources. Decisions of the Board, referred to in legislation as ‘Fundamental Decisions’, are referred to government for approval or rejection." (Quoted from site)