Pieridae Energy Limited this morning outlined a 2021 upstream capital plan of $45–55 million.
December 7, 2020, 6:13 AM MST
Pieridae Energy Limited showed resilience in its Q3 2020 results during a time of COVID-19 and harsh impacts on the energy sector, says management, even as the company completed planned asset maintenance in the quarter that had been deferred due to the pandemic.
November 13, 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
An LNG export project planned for Port Saguenay, Que., appears to be moving ahead, despite recent setbacks.
November 2, 2020, 9:20 AM MST
Goldboro LNG facility proponents confirmed the partnership of Black Diamond Group Limited, a space rental and workforce accommodation solutions provider, and Wskijnu’k Mtmo’taqnuow Agency Ltd. (WMA), a wholly-owned corporate entity of 13 Nova Scotia Mi’kmaq communities, as selected to exclusively negotiate the contract providing for construction of a lodge and associated amenities for the facility’s four-year construction phase.
October 1, 2020, 9 AM MDT
Pieridae Energy Limited has hired Andy Mukherjee as senior vice-president LNG to lead the development of its multibillion-dollar Goldboro LNG project.
August 26, 2020, 6 AM MDT
Pieridae Energy Limited says it expects to have a new engineering, procurement, construction and commissioning (EPCC) contractor in place for its Goldboro LNG project by the end of this month.
August 12, 2020, 11:49 AM MDT
Pieridae Energy Limited says it look at all options after Kellogg Brown & Root Limited (KBR) gave it written notice it is no longer prepared to negotiate and conclude a lump sum turnkey engineering, procurement, construction and commissioning (EPCC) contract in relation to the proposed Goldboro LNG facility.
July 13, 2020, 9:22 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
Pieridae Energy Limited’s common shares have been approved for listing on the Toronto Stock Exchange (TSX) and are expected to begin trading on the exchange at the opening of the market on June 3, 2020.
June 1, 2020, 7:34 AM MDT
Pieridae Energy Limited’s chief executive says Shell Canada Limited remains committed to the transfer of its South Foothills licences to Pieridae and that Shell will be working with the Alberta Energy Regulator (AER) to complete the process.
May 28, 2020, 2:45 PM MDT
Pieridae Energy Limited is in discussions with different levels of government on how its proposed Goldboro LNG project could benefit from infrastructure funding that might become available with the restart to the economy, says its chief executive officer.
April 17, 2020, 6:20 AM MDT
Eight First Nations whose territory is affected by Quebec-based Gazoduq's proposed route have united and confirm the signing of an initial engagement agreement with the company.
March 11, 2020, 3 PM MDT
March 6, 2020, 8:37 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
The CEO of Pieridae Energy Limited told those attending an investor conference Wednesday that concerns about the company’s financial viability are overdone and Pieridae will deal with those concerns at an upcoming hearing.
January 29, 2020, 10:49 AM 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
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
Investors and companies in the U.K. are concerned with uncertainty caused by Brexit, says Shawn Tupper, and they are looking at business redirection as Britain leaves the European Union — an opportunity for Canadian LNG.
December 13, 2019, 8:08 AM MST
Pieridae Energy Limited outlined a pre-final investment decision (FID) budget of $32 million for 2020, and a development expense budget of $16 million for Goldboro LNG.
December 12, 2019, 7:54 AM MST
While Canada’s nascent LNG industry boasts many attractive qualities such as cheap and abundant feedstock, selling the sector’s environmental, social and governance (ESG) attributes is essential if it wants to attract increased foreign investment, attendees of the recent Canadian LNG conference held in London, U.K., heard.
December 5, 2019, 12 AM MST
The payback on renewables currently is not very enticing, says Ryan Pereira, with it taking 10 to 20 years for investors to make back their money on wind turbines and solar panels in many regions of the world — a timeframe approaching the lifecycle for many of these renewable energy assets.
December 5, 2019, 12 AM MST
The world is changing, says Ryan Pereira, with natural gas and LNG starting to replace crude oil as the main negotiating tool on the global stage, and nations are adjusting accordingly to this emerging energy market.
December 4, 2019, 6 AM MST
LNG from Canada has some important operational-cost and carbon-intensity advantages over LNG from many other parts of the natural gas-producing world, including the simple fact that Canada is cold.
December 4, 2019, 6 AM MST
Liquefied natural gas projects planned for eastern Canada represent a significant opportunity for Alberta’s gas producers to reach tidewater and access markets in western Europe.
December 3, 2019, 6 AM MST