Covid-19 is continuing to cast its dark shadow across the energy sector, as more layoffs are announced and further reductions to capital spending marred the end to the first quarter.
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NGI The Weekly Gas Market Report
Woodfibre LNG Wants Delay to Begin Building Export Project on BC Coast
Project changes awaiting regulatory approval and equipment delivery interruptions by the Covid-19 pandemic have delayed the scheduled 2020 construction start for a small liquefied natural gas (LNG) export project slated for Canada’s west coast.
NGI The Weekly Gas Market Report
Natural Gas, Power Utilities Said Well-Positioned to Weather Coronavirus Impacts
Regulated natural gas and power utilities are relatively well positioned to weather the economic impacts of the Covid-19pandemic, according to a new report by Moody’s Investors Service.
NGI The Weekly Gas Market Report
LNG Canada Construction Said On Track, Despite Covid-19
Canada’s C$40 billion ($30 billion) inaugural natural gas export project on the west coast has remained on schedule despite the global Covid-19 outbreak, project managers said in an update.
NGI The Weekly Gas Market Report
ExxonMobil Joins E&Ps, OFS in Rethinking Strategies as Coronavirus Upends Everything
The coronavirus pandemic has wreaked havoc on life in general, and for the energy industry, the next few months may prove to be make or break, as capital spending plans are cut and employees move to home offices.