canadian natural gas

Arc Resources Ltd., one of Canada’s largest natural gas producers, said Wednesday it would send more volumes to Cheniere Energy Inc. for liquefaction and delivery to Europe. Under a gas supply agreement (GSA) signed with Cheniere, Calgary-based Arc said it would send 140,000 MMBtu/d to the Sabine Pass Liquefaction Stage 5 project in Louisiana for…

The Canadian oil and natural gas well count – chiefly in Alberta, British Columbia and Saskatchewan – will rise to 6,229 in 2024 from 5,748 this year, according to an annual fall forecast by the Canadian Association of Energy Contractors (CAOEC). “A continuation of capital discipline within energy producers will create a ceiling on potential…

Rival territorial claims have erupted into two new lawsuits that seek to limit or prevent project approvals in a Canadian hot spot for natural gas supplies, the Montney Shale in northern British Columbia (BC). Halfway River First Nation and Doig River First Nation filed the legal actions in Victoria and Vancouver trial courts. Both seek…

Increased development in the natural gas-rich Montney Shale continues to foster northern British Columbia (BC) pipeline projects as production increases, including preparations for LNG exports to begin from the Pacific coast by 2025. After recommending final approval in October of NEBC Connector’s NorthRiver Midstream to transport natural gas liquids, the Canada Energy Regulator (CER) has…

Natural gas development in Western Canada’s Montney and Duvernay formations is set to increase by double-digits in 2024 for Calgary’s Whitecap Resources Inc., as LNG opportunities begin to emerge. The independent, which reports in Canadian dollars (C$1.00/US75 cents), has set a preliminary 2024 capital expenditure (capex) budget that is 26% higher year/year. The high end…

Greenhouse gas (GHG) emissions shrank while Canadian natural gas and liquids byproduct output grew during the 2012-2021 period, according to government records compiled by the Canadian Association of Petroleum Producers (CAPP). Annual GHG discharges from gas, condensate and lighter fluids production dropped by 22% to 50 million tons in 2021 from 64 million tons in…

Enbridge Inc.’s utility subsidiary has launched an open season for up to 1 Bcf of peak natural gas storage capacity at its Dawn Hub in southwestern Ontario. Enbridge is seeking a three-year commitment from shippers for the storage services, which could begin in April 2024. The expansion would give “shippers unparalleled flexibility to meet their…

Montney Shale drilling in northeastern British Columbia (BC) would keep flowing liquid byproducts of natural gas even if the Canadian Liberal government hits its net-zero emissions targets, according to the developer of a C$350 million ($262 million) pipeline project. “Canada’s natural gas production is expected to be increasingly weighted towards the B.C. Montney,” says a…

Cedar LNG, a joint liquefied natural gas export project by Haisla Nation and Pembina Pipeline Corp. that would ship 400 MMcf/d, has gained an environmental assessment certificate to proceed by the British Columbia (BC) government. BC Premier David Eby described the C$3.2 billion ($2.4 billion) project as an “unprecedented opportunity” for Haisla and its northern…