July 7, 2020, 12 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
Global natural gas production continued to climb at a rapid pace, up by three per cent in 2019, surpassing the four tcm mark for the first time in history, the International Energy Agency (IEA) reported.
June 10, 2020, 5:11 AM MDT
Although Birchcliff Energy Ltd. slashed its 2020 capital budget by 19 per cent in March, the natural gas-weighted producer has no plans to enact further cuts as it looks to set itself up to take advantage of better industry conditions it believes will transpire later this year and into 2021.
May 27, 2020, 12 AM MDT
While capital expenditure cuts by Canadian natural gas-weighted entities have been less severe than crude-weighted producers, seven out of eight companies whose production is 70 per cent or more gas have pulled back spending since the COVID-19 crisis took hold, according to data compiled by Evaluate Energy.
May 26, 2020, 7:06 AM MDT
The development of a liquefied natural gas (LNG) export industry promises to create opportunities across the supply chain to put Canadian companies back to work or expand operations, finds a newly released report, LNG: Canada’s Supply Chain Opportunities.
April 29, 2020, 6 AM 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
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
Small-scale LNG and compressed natural gas (CNG) can play an important role in meeting a variety of regional energy needs in Canada while reducing greenhouse gas emissions, speakers told a recent Canadian LNG conference held at the Toronto Stock Exchange.
March 12, 2020, 9:52 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 has decided to take a staged approach to the expansion of the Alliance USA pipeline rather than the larger expansion it earlier contemplated, says a company executive.
March 2, 2020, 7:19 AM MST
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
Consistent with the overall decline in resource revenue, natural gas and by-product royalties are expected to fall in 2020/2021, although production is expected to climb.
February 27, 2020, 3:19 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
Jordan Cove Energy Project, LP and Pacific Connector Gas Pipeline L.P. are withdrawing the removal/fill application filed with the Oregon Department of State Lands (DSL).
January 24, 2020, 10:14 AM MST
Things are looking slightly more promising for western Canadian natural gas producers in 2020 compared to the doldrums of the past few years as AECO fundamentals and egress options are improving, say some industry analysts.
January 15, 2020, 7:04 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
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
The march towards building a significant liquefied natural gas sector in Canada continues to see challenges, but proponents maintain that the country’s core advantages — large untapped gas reserves, competitive supply costs, close proximity to markets, and the ability to produce some of the cleanest LNG — will help it become a major world supplier in the years ahead even as competition rises.
December 17, 2019, 6:58 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
Canada’s LNG exports definitely should count towards the country’s emissions targets, says Associate Natural Gas Minister Dale Nally, and it is very important Canada is recognized for the work it does in reducing downstream emissions as negotiators at COP25 work to adopt rules and guidelines for implementing Article 6 of the Paris Agreement.
December 12, 2019, 12 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