Canada’s largest natural gas producer, Tourmaline Oil Corp., is aiming to maximize its exposure to volatile North American markets, such as California, as well as global LNG pricing, management said last Thursday. CEO Michael Rose hosted a conference call to discuss first quarter results for Calgary-based Tourmaline, which operates throughout the Western Canadian Sedimentary Basin.…
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TC Pipeline Expansions to Increase Western Canada Natural Gas Exports to U.S.
Capacity additions underway in annual stages on three TC Energy Corp. pipeline subsidiaries are set to increase Canadian natural gas exports to California, Nevada, Oregon and Washington during 2022 and 2023. The coordinated expansions, a package titled West Path, pioneer a switch to quiet growth that TC President Francois Poirier outlined at a spring investment…
Enbridge Proposal to Convert Oil Mainline into Contract Transporter Draws U.S. Support, Canadian Ire
Enbridge Inc. has exposed a conflict between U.S. refiners and Canadian producers with its proposal to convert the 3 million b/d oil Mainline into a contract transporter for only a few after 70 years as a common carrier for all. Of 15 total conversion supporters, 10 are U.S. refiners or their marketing arms, according to…
TC Energy Secures Approval for Nova Natural Gas Pipe Expansion in Western Canada
TC Energy Corp. on Wednesday got a green light from Canadian regulators to advance an expansion of Nova Gas Transmission Ltd. (NGTL), allowing more natural gas supply to be moved from the Montney, Duvernay and Deep Basin formations.
Western Canada Looking for Leg Up on NatGas Competition as Midwest Buyers Benefit
The explosive growth of the Marcellus and Utica shales in recent years has crowded out natural gas flowing from the Western Canadian Sedimentary Basin (WCSB) toward traditional downstream destinations in markets that include the Midwest and Eastern Canada, but new developments could alter the competitive balance moving forward.
BC Endorses TransCanada’s Mainline Toll Cut to Revive Natural Gas Sales
British Columbia (BC) provincial officials have stepped forward to support TransCanada Corp.’s offer to revive Western Canada natural gas sales to Ontario, Quebec and the northeastern United States with a toll cut on its cross-country Mainline.
Nova Scotia LNG Project Would Access Canadian Gas Via U.S. Pipes
Bear Head LNG Corp., which is developing a liquefied natural gas (LNG) export terminal in Nova Scotia, is seeking authorization from the U.S. Department of Energy (DOE) to import and then re-export western Canadian natural gas to supply the terminal.