Aspiring

Nuclear power’s loss in Japan is rapidly turning out to spell gain for natural gas — and not least in Western Canada. Aspiring overseas exporters of liquefied natural gas (LNG) heard that encouraging word from international market participants Wednesday in the Canadian industry capital of Calgary.

A project aspiring to grow up into the next oil sands breakthrough includes the ultimate in substitutes for natural gas — pure heat. As oil sands manager and chief financial officer of Petrobank Energy and Resources, Chris Bloomer makes the earth burn. “It’s aggressive in the reservoir,” he said in describing the new production method at an industry conference and trade fair in Fort McMurray, the oil sands boom city 500 miles northeast of the Canadian gas capital of Calgary.

The hunt for natural gas on the east coast of Canada is poised to step out to a new frontier offshore

With transmission grids struggling with each new summer heatwave, an aspiring California-based company pushing off-gridmicroturbines, Capstone Turbine Corp., launched a successfulinitial public offering (IPO) Thursday, raising $130 million, andclosing the first day of trading, June 29, at almost $48/share,three times the initial asking price of $16. Friday’s close was$45.06 after hitting a high for the day of $49-plus.

With transmission grids struggling with each new summer heatwave, an aspiring California-based company pushing off-gridmicroturbines, Capstone Turbine Corp., launched a successfulinitial public offering (IPO) Thursday, raising $130 million, andclosing the first day of trading, June 29, at almost $48/share,three times the initial asking price of $16. Friday’s close was$45.06 after hitting a high for the day of $49-plus.