Key findings from Canadian LNG investment briefings to audiences in London and Tokyo will be shared with Calgary oil and gas executives at a special free event in downtown Calgary on Dec. 11.
November 22, 2019, 12 AM MST
Low seasonal gas prices and shut in production contributed to Pieridae Energy Limited’s $13.2 million net loss in the third quarter of 2019.
November 7, 2019, 4:34 AM MST
Pieridae Energy Limited has approached both the federal and provincial governments for loan guarantees, tax breaks or other assistance to move forward its Goldboro LNG facility in Nova Scotia.
November 4, 2019, 7:51 AM MST
The Impact Assessment Agency of Canada (IAAC) is asking the public and Indigenous peoples to review a summary of the initial project description for a proposed pipeline that would transport western Canadian natural gas to an LNG facility at Saguenay, Que. for export.
October 23, 2019, 9:32 AM MDT
Pieridae Energy Limited has closed its acquisition of all of Shell Canada Energy’s midstream and upstream assets in the southern Alberta Foothills for $190 million.
October 17, 2019, 7:34 AM MDT
The Alberta Investment Management Corporation and Pieridae Energy Limited have agreed to extend the maturity date of both the $50 million senior secured term loan and the $10 million secured convertible debenture.
September 30, 2019, 6:21 AM MDT
Finding buyers for LNG in an increasingly competitive market is a key obstacle to overcome for any of Canada’s many LNG export projects heading into the 2020s. Even after all approvals and licences have been awarded and any required funding has been secured, if a project cannot find a buyer, it cannot succeed.
August 29, 2019, 9:12 AM MDT
Canada’s natural gas producers, LNG developers, as well as industry associations and LNG industry groups all speak optimistically about the future of LNG development, given the demand outlook.
August 27, 2019, 8:20 AM MDT
LNG: Canada’s Global Market Opportunity examines how Canadian gas supplies — delivered to worldwide markets through LNG export terminals on the West Coast and the East Coast — can help meet burgeoning market demand and offer a transformative opportunity for struggling producers.
August 22, 2019, 6 AM MDT
Pieridae Energy Limited’s 2019 upstream capital program has been curtailed and is now expected to be approximately $2 – 5 million as opposed to previous guidance of $8 – 10 million.
August 9, 2019, 7:07 AM MDT
The commercial aspects of the liquefied natural gas (LNG) industry are works in progress because of the market’s unprecedented growth. New sector participants need to understand these commercial aspects and anticipate how the global trade landscape will react to shifting supply and demand.
July 30, 2019, 12 AM MDT
July 23, 2019, 7:03 AM MDT
Pieridae Energy Limited has negotiated extensions of the key deadlines under its 20-year agreement with German utility Uniper.
July 11, 2019, 4:44 PM MDT
While Pieridae Energy Limited’s C$190 million acquisition of Shell Canada Energy’s midstream and upstream assets in the southern Alberta Foothills is another positive step forward for the proposed $10-billion Goldboro LNG in Nova Scotia, a final investment decision (FID) is not imminent, a company official says.
June 27, 2019, 11:10 AM MDT
Pieridae Energy Limited has signed a purchase and sale agreement with Shell Canada Energy to acquire all of Shell’s midstream and upstream assets in the southern Alberta Foothills for C$190 million.
June 26, 2019, 2:46 PM MDT
Developers of LNG projects in Canada, and the head of an LNG industry group, spoke optimistically on Tuesday about future LNG development, given the demand outlook.
June 12, 2019, 8:19 AM MDT
The Alberta government is concerned about the future of natural gas and wants to facilitate greater market access for LNG, Premier Jason Kenney said Friday.
June 3, 2019, 6 AM MDT
Canada has the potential to help the worst polluters in the world get off coal with its abundant supply of natural gas.
June 3, 2019, 6 AM MDT
Getting a multibillion-dollar LNG project built in Canada is no cakewalk.
May 28, 2019, 9:38 AM MDT
Alberta natural gas producers should be hoping for a go-ahead for the Goldboro LNG export plant proposed for a site in Nova Scotia, says an executive with the company building it, since it would create a demand for their gas.
May 17, 2019, 7:56 AM MDT
Pieridae Energy Limited’s guidance for 2019 average daily production is expected to be in the range of 16,000–18,000 boe/d. Production guidance excludes potential acquisitions.
April 25, 2019, 7:28 AM MDT
Pieridae Energy Limited says that global engineering firm Kellogg Brown & Root Limited (KBR) has been engaged to perform a review of an amended version of the previously prepared front-end engineering and design (FEED) study for the proposed Goldboro LNG facility.
April 1, 2019, 7:27 AM MDT
A Quebec incorporated company is proposing to build a 750-kilometre new natural gas pipeline from the TransCanada PipeLines Limited Mainline in northeastern Ontario to a future LNG export terminal in Saguenay, Quebec.
February 12, 2019, 7:32 AM MST
Pieridae Energy Limited announced that the Nova Scotia Mi’kmaq benefits agreement, which it negotiated with the Assembly of Nova Scotia Mi’kmaq Chiefs, has now been ratified.
February 4, 2019, 7:21 AM MST
Pieridae Energy Limited (formerly Petrolia Inc.) says it intends to make a soft final investment decision on its Goldboro, Nova Scotia LNG project during the first half of 2019 instead of by the end of 2018 as previously expected.
November 23, 2018, 9:48 AM MST