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
In its annual report released today, Royal Dutch Shell plc said Groundbirch has the potential to be an “integral part” of the LNG Canada value chain.
March 12, 2020, 9:28 AM MDT
Pembina Pipeline Corporation continues to wait for a decision from the United States Federal Energy Regulatory Commission (FERC) on its Jordan Cove LNG project in Oregon, a company executive said today.
February 28, 2020, 11:24 AM MST
In Canada’s liquefied natural gas (LNG) sector, the companies that have succeeded in moving their projects forward spent considerable time and resources on First Nations consultation and engagement.
February 27, 2020, 10:20 AM MST
Among the risks facing Montney producers is the behemoth would-be LNG customer in China increasing its own domestic natural gas supply — something easier said than done, according to Aaron Engen vice-chair of BMO Capital Markets.
February 26, 2020, 8:16 AM MST
Chevron Corporation reported higher Canadian production in 2019, the company noted in its year-end filing.
February 24, 2020, 12 AM MST
Woodside Petroleum Limited’s financial statements for the full-year ended Dec. 31, 2019 will recognize a non-cash impairment of $720 million (after tax) related to the Kitimat assets in Western Canada, the company said this morning in a short statement.
February 11, 2020, 12 AM MST
Rig automation cannot happen fast enough for Precision Drilling Corporation, says top brass, as the company plans to deliver automation on 24 more rigs this year to join the 33 rigs already on automation in the field.
February 5, 2020, 1:39 PM MST
The federal minister of environment and climate change has agreed to the substitution of the provincial environmental assessment process for the federal process for the Cedar LNG Export Development Ltd. project near Kitimat, British Columbia.
January 29, 2020, 7:49 AM MST
GasNorth Energy Ltd. has been granted permission from the BC Oil and Gas Commission (OGC) to proceed with installation of a natural gas liquefaction facility near Fort Nelson.
January 28, 2020, 3:33 PM MST
Global energy demand continues to increase, and natural gas is the only hydrocarbon that can easily lead to further reductions in global carbon intensity. Current technologies, investments and consumption trends suggest that natural gas will be central to any global energy transformation. Moreover, abundant gas resources remain undiscovered and liquefied natural gas (LNG) will be a significant component of the global transition to a lower carbon future.
December 31, 2019, 8:21 AM MST
TC Energy Corporation announced an agreement to sell a 65 per cent equity interest in the Coastal GasLink pipeline project to KKR and Alberta Investment Management Corporation (AIMCo) on behalf of certain AIMCo clients.
December 30, 2019, 8:01 AM MST
There’s a sort of “second gold rush” in B.C. right now, according to Dave Nikolejsin, with LNG Canada’s FID encouraging many companies to see what gas resources they might have overlooked or what else might be found.
December 24, 2019, 7:15 AM MST
While the east and west coasts garner much attention in terms of developing LNG facilities to access international markets for Canada’s natural gas resources, Allan Fogwill highlights another opportunity — the North Coast.
December 17, 2019, 12 AM MST