Canada

Montney Gaining on Alberta, Cruising to Become Top Canadian Natural Gas Play

Montney Gaining on Alberta, Cruising to Become Top Canadian Natural Gas Play

Rich Montney Shale resources will let British Columbia (BC) take over from Alberta as the top Canadian natural gas producer jurisdiction within 20 years, according to two separate supply projections. Alberta falls behind BC in the latest national outlook by the Canada Energy Regulator (CER), Canada’s Energy Future 2020. The gas lead changes in both…

December 1, 2020
Canada Said to Need Low-Carbon Tech, Policy Changes to Meet Net-Zero Emissions Goal

Canada Said to Need Low-Carbon Tech, Policy Changes to Meet Net-Zero Emissions Goal

Canadian oil and gas production will climb for another 20 years without policy changes to help meet the federal government’s new target for net-zero carbon emissions by 2050, the Canada Energy Regulator (CER) said. In the report “Canada’s Energy Future 2020” issued on Tuesday, a CER reference scenario of business as usual forecasts a 47%…

November 30, 2020
U.S. Adds Three Natural Gas Rigs as Oil Drilling Slows

U.S. Adds Three Natural Gas Rigs as Oil Drilling Slows

The U.S. natural gas rig count climbed three units to 76 for the week ending Friday (Nov. 20), while a slowdown in the oil patch dragged the overall domestic tally slightly lower, according to the latest numbers from Baker Hughes Co. (BKR). The combined U.S. rig count fell two units overall to 310 after a…

November 20, 2020
Slowdown in Oil Patch Sees U.S. Rig Count Ease Lower

Slowdown in Oil Patch Sees U.S. Rig Count Ease Lower

Driven by declines in the oil patch, the U.S. rig count fell two units to 310 for the week ending Friday (Nov. 20), according to the latest numbers from Baker Hughes Co. (BKR). After a five-rig decrease in oil-directed drilling, partially offset by the addition of three natural gas-directed rigs, the overall domestic tally finished…

November 20, 2020
Canada Regulator Approves Expansion of TC Energy’s NGTL Natural Gas Pipeline System

Canada Regulator Approves Expansion of TC Energy’s NGTL Natural Gas Pipeline System

Growing natural gas use by power generation and industrial plants is behind a C$509 million ($382 million) capacity expansion approved Thursday for TC Energy Corp.’s Nova Gas Transmission Ltd. (NGTL) network in Alberta and British Columbia. Delivery contracts for about 310 MMcf/d support the addition of 85 kilometers (51 miles) of 48-inch-diameter pipe, a project…

November 20, 2020
Two Natural Gas Rigs Added in U.S. as Oil Drives Double-Digit Drilling Increase

Two Natural Gas Rigs Added in U.S. as Oil Drives Double-Digit Drilling Increase

The U.S. natural gas rig count rose two units to 73 for the week ending Friday (Nov. 13), while strength in the oil patch drove a double-digit increase in domestic drilling overall, according to the latest data from Baker Hughes Co. (BKR). Already on the ascent, the U.S. rig count’s trajectory bent further upward for…

November 13, 2020
U.S. Rig Count Rises Double Digits as Recovery Gains Steam

U.S. Rig Count Rises Double Digits as Recovery Gains Steam

Already on the ascent, the U.S. rig count’s trajectory bent further upward for the week ended Friday (Nov. 13), as strength in oil-directed drilling lifted the overall domestic tally 12 units to 312, according to the latest data from Baker Hughes Co. (BKR). Gains for the week included 10 oil rigs and two natural gas-directed…

November 13, 2020
Enbridge Wins Natural Gas Pipeline Duel with TC Over Traffic to LNG Canada

Enbridge Wins Natural Gas Pipeline Duel with TC Over Traffic to LNG Canada

A regulatory decision has confirmed a victory for Enbridge Inc. in a pipeline duel with TC Energy Corp. over high-volume traffic to the first Canadian liquefied natural gas (LNG) export terminal on the Pacific coast underway by Royal Dutch Shell plc and its partners. The Canada Energy Regulator (CER) approved a C$25 million ($19 million)…

November 5, 2020
Canadian Natural Gas Exports Slip, but U.S. Exports Climb on Market Diversity, Says DOE

Canadian Natural Gas Exports Slip, but U.S. Exports Climb on Market Diversity, Says DOE

The United States grew and Canada shrank as natural gas exporters as the coronavirus pandemic spread in the first half of this year, according to the latest international trade scorecard from the U.S. Department of Energy (DOE). The records, compiled by the DOE’s gas regulation office, showed that market diversity made the difference. American dealers…

November 4, 2020
Alberta Offering Construction Subsidy for Natural Gas-Focused Petrochemical Plants

Alberta Offering Construction Subsidy for Natural Gas-Focused Petrochemical Plants

The Alberta government has posted a subsidy offer to pay 12% of construction costs for petrochemical projects that use liquid byproducts of natural gas as raw materials. No ceilings limit the total value of the Alberta Petrochemicals Incentive Program (APIP) or the sizes of aid candidates. The sole restraints exclude coverage of cost overruns and…

November 2, 2020
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