Alberta

Low natural gas prices have slammed the 2019 planning budget for a natural gas export terminal on Canada’s east coast, with spending on the Goldboro project cut by 56% by sponsor Pieridae Energy Ltd.

A European sales contract deadline for a firm construction commitment by the proposed first Canadian east coast natural gas export terminal, Goldboro LNG, has been postponed until the end of September 2020.

A contender to launch liquefied natural gas (LNG) exports from Canada’s east coast, Pieridae Energy Ltd. has set out to double its production with a C$190 million ($142 million) purchase of Royal Dutch Shell plc legacy assets in Alberta.

Capital Power Corp. said Tuesday it is proceeding with a project to maximize flexibility to use natural gas as fuel at the Genesee Generating Station in Alberta, which primarily had burned coal.

A vision to kick-start fledgling petrochemicals and other natural gas-related businesses in North Dakota to absorb burgeoning natural gas production from the Bakken Shale is attracting capital commitments from public and private sources for a year-old startup, backed by investors with energy project experience.

Natural gas use by thermal oilsands plants could grow almost as fast as their bitumen production over the next 10 years, the Alberta Energy Regulator (AER) predicted.

A C$6.7 billion ($5 billion) renovation and expansion program is scheduled for completion in April 2022 by Nova Gas Transmission Ltd. (NGTL), TC Energy Corp.’s supply collection network in Alberta and British Columbia (BC).

TC Energy Corp. announced Tuesday that it expects to raise C$1.15 billion ($860 million) for pipeline growth projects with the sale of assets in northern Alberta oilsands production network.

Canada’s chief fossil fuel-producing province on Wednesday set a target of next Thursday (May 30) for scrapping its carbon tax at age 29 months.