Canada

Shell target asset management efficiencies across new projects

Shell has contracted ABL's specialist master data build and optimization software - Effio, to support a number of its large-scale newbuild projects including LNG Canada, Crux and Jackdaw.

European and Asian companies affected by U.S. pause on LNG export permits

U.S. President Joe Biden's administration announced a pause on pending and future permits to export LNG to non-Free Trade Agreement countries until the Department of Energy finishes a new review of climate impacts.

U.S. pause on LNG exports raises pressure on Canada, BC to do same

U.S. President Joe Biden's decision to pause expansion of American LNG exports has raised pressure from environmental groups on the British Columbia and Canadian governments to do the same, although following suit may be politically difficult.

Canada's Trans Mountain pipeline expansion to start in April

Canada's Trans Mountain Corp will begin adding crude oil to its long-delayed pipeline expansion in February and expects it to start operating in the second quarter.

Gas exporting group sees tight global LNG markets until 2026

The Gas Exporting Countries Forum sees tight global LNG markets until 2026 as demand rises 1.5% this year and up to 22% through 2050.

British Columbia boosts power plan but electrifying LNG proving big challenge

British Columbia boosted its $26.7-B plan to expand its grid over the next decade, but Canada's Pacific Coast province will still fall short of supplying the biggest LNG projects with hydropower needed to avoid generating high emissions.

Gas, LNG prices to remain relatively weak in 2024 amid subdued demand

Global prices of gas and LNG are expected to remain relatively weak in 2024, with demand subdued due to high storage levels in Europe and Asia and a mild Northern Hemisphere winter.

Ksi Lisims LNG signs its first supply agreement with Shell

Energy major Shell has entered into a deal to buy 2 MMt of LNG per year from the Ksi Lisims LNG, partners in the Canadian project said.

Engie Brasil sells 15% stake in gas pipeline firm TAG to Canada's CDPQ

Engie Brasil said it had reached a deal to sell a 15% stake in natural gas pipeline firm TAG to Canadian investment fund Caisse de Depot et Placement du Quebec for $641 MM.

Global LNG markets seen 'finely balanced' in 2024 as demand under control

New LNG projects coming online this year and high stocks in Europe and North Asia in early 2024 capping demand are seen curbing spot price growth for the next six months as analysts forecast a "finely balanced" market.

Record warmth leaves world with too much gas

The northern hemisphere experienced its warmest October and November in records dating back to the 1880s – pushing the gas market into a large surplus and triggering a slump in prices.

Pembina Pipeline to buy Enbridge's JV interests for $2.30 B

Pembina Pipeline said it would buy Enbridge's interests in the Alliance Pipeline, Aux Sable and NRGreen joint ventures for $2.30 B.

Details of Canada's planned regulations to limit oil and gas emissions

Canada unveiled planned regulations to limit emissions from the oil and gas sector using a cap-and-trade system, fulfilling a promise by Prime Minister Justin Trudeau's government to cut emissions in its most polluting sector.

Countries in the Middle East and North Africa supply about one-third of global LNG

Exporting countries in the Middle East and North Africa region supplied nearly one-third (29%) of global LNG exports in 2022, according to data from the International Group of Liquefied Natural Gas Importers.

Cheniere inks natural gas supply deal with ARC Resources

Cheniere Energy has signed a natural gas supply deal with Canada-based ARC Resources as the U.S. LNG exporter ramps up its efforts to commercialize the expansion of its Sabine Pass facility.

Cedar LNG finalizes Heads of Agreement with Samsung Heavy Industries and Black & Veatch

The Haisla Nation and Pembina Pipeline Corporation, partners in the development of the proposed Cedar LNG Project, announced the signing of a heads of agreement with Samsung Heavy Industries and Black & Veatch.

LNG export capacity from North America is likely to more than double through 2027

EIA expects North America’s LNG export capacity to expand to 24.3 Bcfd from 11.4 Bcfd today as Mexico and Canada place their first LNG export terminals into service and the United States adds to its existing LNG capacity.

TC Energy beats third-quarter profit estimates on high LNG demand

Pipeline operator TC Energy on Wednesday beat third-quarter profit estimates, as it gained from higher demand for LNG.

Mitigating Corrosion Under Insulation (CUI) with Liquid Coatings

The hidden dangers of corrosion under insulation (CUI) span the oil and gas industry from upstream operations to midstream infrastructure to downstream applications, including the production of liquified natural gas (LNG).

IEA says "unprecedented" supply surge could lead to LNG glut from 2025

An expected strong rise in LNG production capacity will ease prices and gas supply concerns, but also risks creating a supply glut.

ADNOC top exec says oil and gas could remain relevant until 2050

Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.

bp enters third long-term LNG offtake contract from Woodfibre’s British Columbia LNG facility

bp has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.

Technip Energies launches SnapLNG by T.EN, a solution for low-carbon and accelerated time to market LNG production

Technip Energies presents SnapLNG by T.EN, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production and accelerated time to market with unparalleled certainty and plant reliability.

Canada's Altagas to buy natural gas assets from Tidewater for $650 MM

Canada's Altagas has agreed to buy some natural gas assets from Tidewater Midstream and Infrastructure for $650 MM.

Three countries began importing LNG this year, and more will follow

Global LNG import capacity is set to expand by 16%, or 23 Bcf/d, by the end of 2024 compared with 2022.

bp urges more gas and oil investment while speeding energy transition

Global oil major bp said the world must invest in the production of gas and oil to avoid sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.

Equitrans U.S. Mountain Valley natural gas pipe on track for end 2023 completion

U.S. energy company Equitrans Midstream said it still expects to complete the Mountain Valley natural gas pipeline by the end of the year despite being tangled in numerous court fights since construction began in 2018.

REV LNG and HOPA continue LNG bunkering in Hamilton with first european vessel

REV LNG, LLC, a New York-based Liquefied Natural Gas services provider and the Hamilton-Oshawa Port Authority recently provided LNG to the Fure Viten, a Furetank vessel under charter by Petro-Nav Desgagnés.

TC Energy begins re-pressurizing unaffected pipeline section in Virginia

Canada's TC Energy began re-pressurizing part of its Columbia Gas Transmission Pipeline in Strasburg, Virginia that was not directly impacted by an unplanned incident last week, the company said.

Fluor reaches significant milestone on LNG Canada Project

With the arrival of the last module by ship from its fabrication yard in Zhuhai, China, Fluor Corporation announced today that it has completed the module fabrication program on the LNG Canada project in Kitimat, British Columbia, Canada.

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