Nova Scotia

Oil and natural gas activity offshore Nova Scotia in the Georges Bank fishing grounds will be banned through 2032 after the 34-year-old drilling moratorium was extended. “We are maintaining a unique and valuable ecosystem,” said Canada’s Natural Resources Minister Jonathan Wilkinson. Nova Scotia House member Tory Rushton said he supported the ban as popular “strong…

Pieridae Energy Ltd., sponsor of a stalled project to export liquefied natural gas (LNG) from Nova Scotia to Europe, recently outlined the conditions needed to resuscitate the Goldboro LNG plan. In Pieridae’s recent fourth quarter and full-year 2021 earnings report, CEO Alfred Sorenson said the company still believes “an LNG project at our Goldoro site…

The developer of the proposed Goldboro liquefied natural gas (LNG) project on Canada’s east coast has announced an evaluation of “strategic alternatives” for the $10 billion development after it missed a deadline to sanction the project June 30. “We have not been able to meet all of the key conditions necessary to make a final…

Encana Corp. confirmed Monday that its unlucky C$700 million ($560 million) Deep Panuke venture is poised to sink off the Atlantic seaboard natural gas market, just 56 months after starting up offshore of Nova Scotia.

Shale deposits on land, declared off limits to industry in 2014, are rich enough to replace Atlantic Canada’s depleted offshore natural gas production network, says a fresh review by government scientists.

While the outlook for the North American liquefied natural gas (LNG) export business dims with every ratchet down in the price of oil and natural gas, sponsors of three proposed export terminals in Nova Scotia are convinced that when the turnaround comes, their straight shot across the Atlantic will give them an edge.