Bear Head LNG Corp. Inc.has agreed to purchase additional land from Nova Scotia Business Inc. for its proposed liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia. “It enables us to increase the capacity of the LNG facility from a nominal eight million tonnes per annum (mtpa) up to 12 mtpa in 2024, as per our approval from the National Energy Board,” said Bear Head President Maurice Brand. Bear Head is to acquire an additional 72 acres of land directly adjacent to its existing 255-acre site on the Strait of Canso. Bear Head has approval from the U.S. Department of Energy to export U.S.-sourced natural gas nations with and without free trade agreements with the United States (see Daily GPI,Feb. 8). Canada’s National Energy Board has granted Bear Head approval to export up to 12 mtpa. Bear Head said it has all the initial federal, provincial, and municipal regulatory approvals required to begin project construction.
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Articles from chevron
Chevron Using Permian Template to Improve Output, Lower Costs
Chevron Corp. is shifting more of its capital spending to “shorter cycle” investments, specifically shale and tight oil resources, with the Permian Basin to be the No. 1 benefactor, management said Tuesday.
Chevron Looking for More LNG Buyers as Gorgon Ramps Up
Chevron Corp. expects to begin shipping natural gas next week from the massive Gorgon Project offshore Western Australia to buyers that are more concerned about reliability of supply than chasing short-term price cycles, executives said Tuesday.
FERC Preparing Audit of Chevron’s Natural Gas Wholesale Market Activities
Chevron U.S.A. Inc. (CUSA) received notice Friday that is being audited by a division of FERC regarding natural gas wholesale market activities from Jan. 1, 2014 to the present.
Chevron Nabs Gorgon LNG Supply Contract with China’s ENN
Chevron Corp.’s Australian subsidiaries and its partners have signed a nonbinding heads of agreement (HOA) to deliver up to 0.5 million metric tons/year (mmty) of liquefied natural gas (LNG) over a decade from the Gorgon project to China’s ENN LNG Trading Co. Ltd.
Chinese Power Generator, Chevron in Australia LNG Supply Pact
Chevron U.S.A. Inc. and China Huadian Green Energy Co. Ltd. have signed a nonbinding agreement for the former to supply 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Australia over a 10-year period beginning in 2020.
Chevron Laying Off Thousands as Production Targets, Capex Slashed
Chevron Corp., the second-largest U.S.-based producer behind ExxonMobil Corp., said Friday it would lay off up to 7,000 people, about 11% of its workforce. It also has reduced long-term production targets and capital spending to cope with the worst industry slump in close to 40 years.
Investigation Launched After Contractor Killed in Drillship Accident in GOM Deepwater
One man was killed Tuesday in an accident on board a drillship working in the deepwater Gulf of Mexico for Chevron Corp.
Next Year ‘Tough’ One For Energy Industry, Says Chevron Chief
Chevron CEO John Watson said Monday the downturn in the oil and gas industry is going to persist through the next year, with more difficult times ahead, as operators readjust.
Potential For Solar-Assisted EOR in California Oilfield Still Unfulfilled
A four-year project at a Chevron Corp. enhanced oil recovery (EOR) wellsite in California’s central valley has come and gone with no plans to replicate it. Solar, in theory, could replace a lot of natural gas.
