While the National Energy Board’s (NEB) recent approval of TransCanada Corporation’s application for Dawn Long Term Fixed Price (LTFP) service will help, many western Canadian natural gas producers are still getting hammered by continued weak and volatile AECO pricing.
Without increased access to export markets, Canadian natural gas producers will continue to face a higher-than-usual differential between AECO and Henry Hub prices, according to a new price forecast from Deloitte.
NOVA Gas Transmission Ltd. is seeking regulatory approval to construct and operate a $567 million facilities expansion providing increased capacity to transport natural gas from the Peace River Project Area (PRPA) to downstream facilities.
A moderate recovery in oil and gas activity in Western Canada won’t reabsorb all the workers that lost their jobs since late 2014 when oil prices crashed, but parts of the industry will struggle to fill positions, says a PetroLMI labour supply research report.
Government efforts to reduce greenhouse gas (GHG) emissions have fallen short of federal targets and the country is not properly preparing to adapt to the impacts of climate change, according to the Commissioner of the Environment and Sustainable Development’s latest audit reports, which were tabled this week in Parliament.
ARC Energy Research Institute has released "Crude Oil Investing in a Carbon Constrained World: 2017 Update," which provides investors, including institutional investors, the assessment tools needed for estimating future carbon costs for crude oil investing.
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