Canada Produces First LNG For Export

The Shell-led Canada facility has produced its first liquefied natural gas for export in Kitimat, British Columbia, a spokesperson for the project confirmed on Sunday.The new production…
Canada Could Produce First LNG by This Weekend

Canada could produce its first ever liquefied natural gas this weekend, from the LNG Canada export facility in Kitimat, British Columbia, two people familiar with the startup of…
Most G7 Members Ready to Lower Russian Oil Price Cap Despite US Engagement

Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources…
Cheniere Energy Enters Natural Gas Deal with Canadian Natural Resources

U.S. LNG exporter Cheniere Energy said on Wednesday its unit has entered into a long-term agreement to purchase natural gas from Canadian Natural Resources.WHY IS IT IMPORTANTThe U.S.
ExxonMobil Shelves Canada LNG Export Project

U.S. oil major ExxonMobil has withdrawn its WCC liquefied natural gas (LNG) export project in Canada from an environmental assessment, it said on Thursday, effectively signalling…
Venezuela, Mexico Divert Crude to U.S. as Canadian Barrels Get Stuck

Cash-strapped state-run oil companies in Mexico and Venezuela have begun diverting crude historically processed for domestic use and sending it to U.S. refiners now facing transportation…