Lng Canada

Private equity giant EIG is gaining a bigger foothold in the world’s natural gas and oil projects after clinching an estimated $4.8 billion agreement to acquire a 25% stake in Repsol SA’s new upstream company. Repsol Upstream, 70% weighted to natural gas, has been formed as the supermajor’s exploration and production (E&P) company. It would…

Tilbury LNG has become the sixth active Canadian LNG export project to enlist the native community as a site supporter and potential part-owner. Sponsor FortisBC Holdings Inc. and the Musqueam Indian Band announced a planning, regulatory approval and possible investment agreement for the project in the Vancouver suburb of Delta. Such partnerships are becoming common…

Several years after the proposal was shelved, Repsol SA may revive a plan to export natural gas from its Atlantic Canada LNG import terminal. The Spanish-based energy major’s executive team discussed the potential to move liquefied natural gas (LNG) from Atlantic Canada to overseas markets during the second quarter earnings call. “We have met authorities…

Calgary-based Tourmaline Oil Corp. is continuing to build its portfolio of natural gas and oil assets as it prospects for markets across the North American continent, from the Western Canadian Sedimentary Basin (WCSB) to the South Texas coast. CEO Michael Rose led a conference call to discuss the exploration and production (E&P) company’s second quarter…

North America’s natural gas supply is passing a stress test created by the war between Russia and Ukraine, showing that more LNG can be exported without jeopardizing consumer needs, according to an industry filing at the Canada Energy Regulator (CER). “Gas markets are functioning,” said sponsors of the Ksi Lisims LNG liquefied natural gas export…

Driven by upstream activity tied to LNG export projects, production of natural gas liquids (NGL) in the gassy Montney Shale has seen a recent boost, according to the U.S. Energy Information Administration (EIA).  In its latest analysis of Canada’s energy commodities, EIA projected the country’s oil production to grow this year and into 2023.  Factors…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Jamison Cocklin, senior editor of liquefied natural gas (LNG), and Patrick Rau, director of strategy and research, discuss their takeaways from a trip to Vancouver, British Columbia, for the Canada Gas & LNG Exhibition and Conference. They discuss Canada’s prospects…

LNG Canada will have the lowest greenhouse gas (GHG) intensity of any operating liquefaction plant in the world, CEO Jason Klein said, telling an industry audience they must better promote the environmental benefits of Canadian natural gas exports to get more projects off the ground. Klein, a Shell plc executive who was tapped to replace…

A lingering protest at a TC Energy Corp. Coastal GasLink (CGL) project construction site in northern British Columbia (BC) boiled over into a pre-dawn assault Thursday, damaging equipment, endangering workers and injuring an officer in the Royal Canadian Mounted Police (RCMP). “Our investigators will work tirelessly to identify the culprits and hold them accountable for…