Canadian

Canada will have adequate natural gas supplies despite appearances of over-commitment to overseas markets for liquefied natural gas (LNG), the National Energy Board (NEB) has been assured by one of its former chairmen.

A new path overseas is taking shape through Canada for shale gas from the United States, the National Energy Board (NEB) acknowledged in granting an Atlantic coast liquefied natural gas (LNG) trading license.

Even partial success by a modest minority of Canadian and U.S. plans to enter global liquefied natural gas (LNG) markets would siphon off the supply gluts brought on by shale development, which has been depressing North American prices, according to a new forecast by experts on both sides of the border.

Startling exceptions to gloom pervading first-half 2015 corporate statements confirm that a sweet spot — where rich resources compensate for poor prices — is emerging in Western Canada’s endowment of natural gas steeped in liquid byproducts.

All 13 provincial and territorial premiers agreed Friday on a Canadian energy strategy that keeps oil, natural gas and electricity development and exports high on the national economic agenda.

“Intensified” surpluses will keep the lid on North American natural gas prices through 2017, the National Energy Board predicted in a three-year…

“Intensified” surpluses will keep the lid on North American natural gas prices through 2017, the National Energy Board (NEB) predicted in a three-year Canadian deliverability forecast.

July natural gas is expected to open 6 cents higher Wednesday morning at $2.91 as weather forecasters were expecting a more extended period of heat to prevail in the Southeast. Overnight oil markets vaulted higher.

July natural gas is expected to open 6 cents higher Wednesday morning at $2.91 as weather forecasters were expecting a more extended period of heat to prevail in the Southeast. Overnight oil markets vaulted higher.