Canadian

TransCanada Corp. set out Thursday to refill its natural gas Mainline — and help recover Canadian sales lost to U.S. exporters — with an offer to cut tolls by as much as 47%.

Financial losses by Canadian oil and natural gas producers will shrink but remain painfully high this year, the Conference Board of Canada said Tuesday.

Alliance Pipeline will shut down its system from 8 a.m. CST next Wednesday (Oct. 12) until 8 a.m. CST Oct. 19, cutting an estimated 1.9 Bcf/d of gas, to facilitate pipe removal and tie-ins of new pipe at a crossing of a major highway project near Regina, Saskatchewan.

Only a breakthrough into global trade in liquefied natural gas (LNG) can pull Canadian supply development out of the doldrums, a senior economics agency in the industry capital of Calgary said.

U.S. exporters are edging closer to overtaking Canadians in cross-border traffic in natural gas, according to the latest trade scorecard of the United States Department of Energy.

Canadian producers and field contractors are emerging stronger than ever from the two-year ordeal of paring down to cope with low oil, natural gas and liquid byproduct prices, company leaders told a two-day investor conference in Calgary.

While big Asian liquefied natural gas (LNG) export projects stall on the Pacific and Atlantic coasts, a distinctive national pattern of remote industries and settlements is enabling an inland start on Canadian LNG supply and distribution development.

Canada’s growth customer for natural gas made a long stride forward Thursday, when the National Energy Board (NEB) approved a 590,000 b/d pipeline expansion for oilsands exports to Asia.

British Columbia has taken over from Alberta as the source of growth in Canadian natural gas supplies for the next quarter-century, according to the National Energy Board (NEB).