In this issue

 

Gaining access to shale assets in Argentina, Qatar Petroleum has acquired a 30% stake in ExxonMobil’s prolific Vaca Muerta oil and gas play in the onshore Neuquén basin in Argentina.…
Canada, the largest energy trading partner of the United States, consistently exceeds the value of U.S. energy exports to Canada by a large margin. According to EIA figures, energy accounted…
Unplanned downtime can cost an LNG facility as much as $4 million per day. With potential costs so high, profitability is largely linked with unplanned downtime. According to GE Power…
Shifting tact, Uniper CEO Klaus Schäfer has announced plans to expand the utility’s business supplying LNG to power generators in South America, Middle East and Asia. Speaking to investors he…
Nearly two-thirds of oil and gas sector leaders, surveyed by the Norwegian classification society DNV GL, plant to boost spending on gas projects in 2018, with gas expected to overtake…
Against the run of play, LNG buyers are prepared to pay a premium for supply from Australia and the United States – described by Standard & Poor’s as “the swing”,…
The U.S. decision to leave the Iran nuclear deal and force the Middle East nation to cut its oil exports again keeps pushing up Brent, WTI and oil-linked LNG export…
The tanker was carrying a cargo from the Sabine Pass plant in Louisiana owned by Cheniere Energy. According to shipping data, the cargo was lifted on May 3 from the…
Mexico, the largest buyer of US pipeline gas and LNG, is preparing a tender for strategic storage at depleted oil and gas reservoirs. Cenagas, the Mexican National Natural Gas Control…
Advancing its capacity buildout, Cheniere Energy has taken a final investment decision (FID) on a third train at Corpus Christi LNG which will take the terminal’s liquefaction capacity to a…
California-based Sempra Energy has settled a dispute with Chicago Bridge & Iron (CB&I), the contractors working on transforming the Cameron LNG facility at Hackberry in Louisiana from an import to…
Alaska LNG has reached an agreement with BP and Alaska Gasline Development Corp (AGDC) on feed-gas supplies, including price and volume. The parties aim to finalize a long-term gas sales…
Dry natural gas production in the United States is forecast to reach a new record of 80.5 billion cubic feet per day (Bcf/d) in 2018, up from 73.6 Bcf/d in…
U.S. pipeline company Energy Transfer Partners has received approval from the Federal Energy Regulatory Commission (FERC) to place additional Phase-2 facilities into service. The $4.3 billion pipeline project will allow…

News Nudges

Canada to export Alberta oil via BC

Canada has moved closer to unlocking a new Pacific Coast crude outlet from Alberta while fast-tracking British Columbia LNG projects with the aim of tripping LNG production and export beyond 2030. Prime Minister Mark Carney said a proposed pipeline capable of carrying about 1 million barrels per day could begin construction in September 2027, as Ottawa and Alberta lined up support for the project. The route would run through southern British Columbia to the Pacific coast, giving Canadian crude a shorter path to Asian buyers and reducing reliance on the United States, officials said. The new pipeline, with 1 million barrels per day throughput, could turn Canada into a global oil exporter — in addition to LNG. British Columbia already has several LNG projects at different stages, including LNG Canada in Kitimat, Woodfibre LNG near Squamish and expansions tied to Tilbury LNG and related pipeline infrastructure. Together, the Alberta-to-BC pipeline plan and LNG acceleration signal a broader federal strategy to scale up Canada’s energy exports without depending solely on U.S. demand. Canada used to sell almost its entire surplus oil and gas production to its large southern neighbour.