Thursday, September 20, 2018

British Columbia News

Swiss Utility in Talks to Buy LNG from Canada's Goldboro Project

File Image: Credit QGTC

Axpo, a Swiss utility and energy trader, said on Thursday it was in talks for a 10-year supply deal with a Canadian company planning to build a liquefied natural gas (LNG) terminal.A…

Canada Environment Minister: 'No Apologies' for Oil Sector Support

© Darlene Munro / Adobe Stock

Canada's top climate change official on Thursday said she would make no apologies for the nation's support for its oil producers, saying environmental and economic policies must…

Canada Govt Ready to Indemnify Kinder Morgan Pipeline Project

Photo: Kinder Morgan

The Canadian government is prepared to financially shield Kinder Morgan Canada Ltd's proposed Trans Mountain pipeline expansion against unnecessary delays that are politically motivated…

Woodside Mulls Texas Sempra LNG Exit

The chief executive officer of Woodside Petroleum Ltd said on Tuesday that Australia's biggest independent oil and natural gas company will soon decide whether to continue to invest…

Canada Ready to Cover Kinder Morgan Loss

File Image (CREDIT: AdobeStock / © Berkut 34)

Canada is prepared to cover some losses Kinder Morgan Canada Ltd might suffer if a proposed oil pipeline expansion is delayed and thinks other investors are ready to step in if need be…

Hardide Coatings Invests in North America

Mark Hanania, Business Development Engineer, Hardide Coatings (Photo: Hardide Coatings)

Surface coating technology company Hardide Coatings has appointed Mark Hanania as Business Development Engineer based in Houston to help drive growth in the oil, gas and energy…

Wison Wins FEED Contract for Canadian FLNG Project

Last year, Wison Offshore & Marine delivered the Caribbean FLNG on an EPC basis after liquefaction performance testing for the facility in its yard in China. (Photo: Wison)

Wison Offshore & Marine announced it has been awarded a contract to carry out front-end engineering design (FEED) for a proposed floating liquefied natural gas (FLNG) project sited in British Columbia…

Canada to Buy Kinder Morgan's Trans Mountain Pipeline

© NoraDoa / Adobe Stock

The Canadian government said on Tuesday it will buy Kinder Morgan Canada Ltd's Trans Mountain pipeline project for C$4.5 billion but does not intend to be the long-term owner of the project, which has faced fierce enviro

Petronas Buys Stake in Canadian LNG Export Project

(File photo courtesy of Shell)

Malaysia's state-owned oil and gas company Petroliam Nasional Bhd said on Thursday it is buying a 25 percent stake in a Canadian liquefied natural gas (LNG) export project, nearly…

Canadian City to Argue Trans Mountain Oil Pipeline Route Harmful

The proposed route of Kinder Morgan Canada's Trans Mountain pipeline expansion through the west coast Canadian city of Burnaby will damage parks, harm sensitive ecosystems and impact critical infrastructure…

Why Canada is the Next Frontier for Shale Oil

File photo: Suncor Energy Inc.

The revolution in U.S. shale oil has battered Canada's energy industry in recent years, ending two decades of rapid expansion and job creation in the nation's vast oil sands. Now…

Canada Pipeline Feud Hits B.C. Wine Purchases

File Image (CREDIT: AdobeStock / (c) Berkut 34)

Canada's oil-rich province of Alberta struck back at neighboring British Columbia on Tuesday, halting purchases of that province's wines in retaliation for its potentially holding up expansion of a crude pipeline.

TransCanada Q4 Profit Beats Street

File Image (CREDIT: AdobeStock / (c) Roger Asbury)

Keystone pipeline operator TransCanada Corp's fourth-quarter profit beat market expectations on Thursday, helped by lower costs and an expansion of its gas lines. On an adjusted basis…

TransCanada to Proceed with Gas Line Expansion

File Image (CREDIT: AdobeStock / (c) Berkut 34)

TransCanada Corp, Canada's second largest pipeline operator, said on Thursday that it would go ahead with the C$2.4 billion ($1.9 billion) expansion of its NGTL natural gas system…

Kinder Morgan Halts Most Work on Disputed Canada Pipeline

File Image (CREDIT: AdobeStock / © Berkut 34)

Kinder Morgan Canada on Sunday suspended most work on a C$7.4 billion ($5.8 billion) oil pipeline expansion that has become the focus of protests, a move underscoring uncertainty over major energy projects in Canada.

Kinder Morgan Canada: No Dividend Cuts Despite Trans Mountain Suspension

Kinder Morgan Canada said on Monday its dividend payouts would not be affected by the suspension of works on C$7.4 billion ($5.8 billion) oil pipeline expansion. Chief executive…

Canada Cabinet to Discuss Troubled Kinder Morgan Pipeline

Photo: Kinder Morgan

Prime Minister Justin Trudeau will meet on Tuesday with his cabinet ministers to discuss Kinder Morgan Canada Ltd's threat to walk away from a troubled pipeline expansion as various…

Investors Back Kinder Morgan Canada's Trans Mountain Move

Kinder Morgan Canada shareholders on Tuesday backed the pipeline operator's decision to pause most work on its Trans Mountain expansion as a way to force the Canadian government…

Trudeau's Political Troubles Boil as Pipeline Surprise Weighs

File Image (CREDIT: AdobeStock / © Berkut 34)

Canada's government got just 24 hours notice that it would be thrust into a political and economic crisis by an ultimatum from a pipeline operator, government sources said, leaving…

Canada Moves Crude One Truckload at a Time

File Image: A Crude oil train moves alongside an inland river in the U.S. heartland. (CREDIT: Dagmar Etkin)

At an Alberta oil loading terminal, a convoy of big rigs are gearing up to haul Canadian crude oil hundreds of miles through bone dry fields across the U.S. border into Montana…