Coastal GasLink is in dispute with LNG Canada with respect to recognition of certain costs and the impacts on the project schedule, TC Energy Corporation top brass told this morning’s second quarter conference call.
July 29, 2021, 11:25 AM MDT
Tourmaline Oil Corp.’s second quarter 2021 average production was 410,339 boe/d (414,387 boe/d prior to storage injections in California and Dawn), a 37 per cent increase over Q2 2020 (299,369 boe/d).
July 28, 2021, 3:38 PM MDT
The Nisga'a Nation, Rockies LNG and Western LNG filed the initial project description for the Ksi Lisims LNG project with the B.C. and federal governments.
July 19, 2021, 9:22 AM MDT
In its third year of construction, LNG Canada says it is “on track” to complete two initial LNG trains at its project site in Kitimat, B.C., and to deliver its first cargo by the middle of this decade.
June 9, 2021, 12 AM MDT
Although it’s very early days, preliminary efforts to evaluate the merits of a potential floating LNG project on Nisga’a Nation territory in the Nass Valley region on British Columbia’s West Coast is ongoing.
June 8, 2021, 12 AM MDT
Pembina Pipeline Corporation will become the Haisla Nation's partner in the development of the proposed Cedar LNG project following an agreement announced today.
June 8, 2021, 6:18 AM MDT
Woodside Petroleum Limited has decided to exit its 50 per cent non-operated participating interest in the proposed Kitimat LNG (KLNG) development.
May 17, 2021, 6:48 PM MDT
April 29, 2021, 12 AM MDT
Chevron Corporation will cease further company-funded feasibility work for the Kitimat LNG project.
March 19, 2021, 2:54 PM MDT
The Nisga’a Nation has signed a “collaborative endeavours agreement” for the assessment and development of a LNG facility in the Nass area, the president of Nisga’a Nation said in a letter.
March 12, 2021, 8:51 AM MST
Finishing the $17 billion LNG Canada plant in Kitimat and the associated $6.6 billion Coastal GasLink pipeline on time and on budget promises to be one of the challenges facing LNG Canada’s CEO, Peter Zebedee, thanks to the COVID-19 pandemic.
March 2, 2021, 12 AM MST
Project costs for Coastal GasLink are expected to increase significantly, and the schedule will be delayed due, in part, to the impacts from COVID-19 as the company works with LNG Canada on a revised project plan, parent TC Energy Corporation said today.
February 19, 2021, 8:39 AM MST
February 16, 2021, 6:25 AM MST
Construction of the Woodfibre LNG plant and export terminal in Squamish will be pushed back by more than a year, says the company’s outgoing president.
November 23, 2020, 10:18 AM MST
Forecast WCSB supply growth of up to eight bcf/d by 2030 to 23 bcf/d will provide an opportunity for TC Energy Corporation to extend its system to capture Montney region volumes, a senior executive said Tuesday.
November 18, 2020, 6:20 AM MST
Horizon North Logistics Inc. saw higher-than-expected occupancy in open lodges, including its Crossroads Lodge in Kitimat, during this year’s third quarter.
November 11, 2020, 9:52 AM MST
Despite health-related setbacks caused by the COVID-19 pandemic and a slowdown in LNG demand, construction continues on Canada’s first mega LNG project being built on the B.C. coast.
November 2, 2020, 6 AM MST
Merger and acquisition (M&A) activity in the Montney has steadily increased over the past year and that likely signals the continuation of a trend of consolidation in the liquids-rich play, say analysts and other industry experts.
August 31, 2020, 7:29 AM MDT
Growing B.C.’s LNG industry could create 96,550 new jobs, boost total wages in Canada by more than $6 billion, and increase Canada’s GDP by $11 billion every year, according to a Conference Board of Canada (CBoC) report, A Rising Tide: The Economic Impact of B.C.’s liquefied natural gas industry.
August 11, 2020, 12 AM MDT
Cryopeak LNG Solutions Corporation has signed a memorandum of understanding (MOU) with Island Tug & Barge Ltd. (ITB) — a marine bulk fuels transporter — to deliver LNG bunkering services in southwest British Columbia.
July 15, 2020, 10:01 AM MDT
The development of the new LNG plants in Canada that appear most likely to proceed could create up to 8,300 jobs in the upstream sector, several thousand peak construction jobs, 1,200 or more operations positions and thousands of spin-off jobs in local communities, according to a new report.
June 25, 2020, 7:55 AM MDT
June 18, 2020, 5:49 AM MDT
June 8, 2020, 6:51 AM MDT
The “30,000-foot-view,” in business parlance, describes getting to a high enough level to see the big picture. It’s also an apt phrase — both literally and figuratively — for describing the long-term need for Canadian LNG to displace the use of higher-carbon producing coal for power generation.
April 24, 2020, 7:14 AM MDT
Canadian investors seem to have a lower risk tolerance than their American counterparts, which is why U.S. LNG players are generally more willing to put forward pre-FID capital for major projects, says Greg Kist.
April 14, 2020, 12 AM MDT