Canada

Canadian Natural Gas E&Ps Lining Up for TransCanada’s Lower Mainline Toll

“Need” and “urgency” inspired a 23-name Who’s Who in Canadian natural gas to line up for a pipeline toll cut forecast to enable western supplies to compete with imports from the eastern United States, the National Energy Board (NEB) said Wednesday.

April 26, 2017
Precision Drilling Rehires 2,000-Plus as Canada, Lower 48 Activity Builds

Precision Drilling Rehires 2,000-Plus as Canada, Lower 48 Activity Builds

The comeback continues in North America’s onshore, with Precision Drilling Corp. now running 59 rigs in the United States and 36 in Canada, combined activity that is almost three times higher than last year’s record lows.

April 25, 2017
Raymond James: Tide of U.S. LNG Exports Rising, But Don’t Get Too Excited

Raymond James: Tide of U.S. LNG Exports Rising, But Don’t Get Too Excited

Next year will be a “breakout year” for U.S. exports of liquefied natural gas (LNG), with cargos expected to emanate from four terminals. But don’t expect much help from that for natural gas prices, Raymond James & Associates Inc. said Monday.

April 24, 2017
National Grid Looking to Canada to Lower New England Energy Costs

National Grid Looking to Canada to Lower New England Energy Costs

National Grid is turning to electricity from Canada to try to lower energy costs for consumers in New England, where natural gas pipeline constraints have raised concerns over reliability and caused price spikes during recent winters.

March 29, 2017
Canada NatGas Suppliers in ‘Survival Mode’ as Lower 48 Shale Competes for Profits

Canada NatGas Suppliers in ‘Survival Mode’ as Lower 48 Shale Competes for Profits

Canadian natural gas producers will cut but not eliminate financial losses until late 2018 as stiff competition continues from U.S. unconventional supply sources, a private Ottawa-based business research agency predicted Monday.

March 22, 2017

Trican Builds Western Canadian OFS Reach in Friendly Merger with Canyon Services

Trican Well Service Ltd., already one of Western Canada’s largest pressure pumpers, is combining in a friendly merger with Canyon Services Group Inc. to improve efficiencies and respond to an evolving oil and natural gas market.

March 22, 2017

Canadian Government, NatGas Utilities Commit Nearly C$1B in RNG Technology

The government of Canada and several of the country’s largest natural gas distributors are committing nearly C$2 million toward technology to convert forest industry waste into renewable natural gas (RNG).

March 15, 2017

Alberta, British Columbia NatGas Suppliers Set Sights on Eastern Canada and U.S.

Alberta and British Columbia natural gas suppliers have set out to regain sales in Ontario, Quebec and the eastern United States by sharpening their competitive edge with discounted pipeline rates that reduce delivered costs of western production.

March 13, 2017
Expanding Oil, NatGas Production While Progressing Environmental Goals Achievable, Says Trudeau

Expanding Oil, NatGas Production While Progressing Environmental Goals Achievable, Says Trudeau

Canada cannot ignore its huge oil and natural gas resources, but energy security can be achieved while also reducing carbon emissions, Canadian Prime Minister Justin Trudeau said Thursday night in Houston.

March 10, 2017
LNG Canada ‘Still Very Much’ in Game for Overseas Gas Trade, Says Exec

LNG Canada ‘Still Very Much’ in Game for Overseas Gas Trade, Says Exec

Canada still harbors resolve – and claims of competitive advantages – to break into global liquefied natural gas (LNG) trade soon on a large scale, skeptical business executives and analysts learned Tuesday in the industry capital of Calgary.

March 8, 2017