In this issue

 

Chart Industries, the US LNG and energy equipment maker, has returned to a first-quarter profit following internal restructuring and amid a rise in its order-book. Order activity has risen 53%,…
Lake Charles LNG, the liquefaction project owned by the U.S. pipeline company Energy Transfer, has asked regulators to extend the deadline for the start of construction to November 2019. 
Australian commodities company BHP Billiton is continuing to exit its onshore assets in the southwest of the United States, and is awaiting bids. “We expect to receive bids by June…
Dominion Energy, owner of the Cove Point LNG facility in Maryland, is pulling out all the stops to acquire Scana Corp and its South Carolina natural gas and power assets.…
Gauging incremental gas demand, derived from new gas-fired power plant projects worldwide, Energy Aspects pointed out that most of Asia’s new capacity is “supportive of additional LNG demand,” while North…
CLP Power, developer of a new unit at Black Point Power Station (2,500 MW) in Hong Kong, has selected Shell to supply LNG to fuel the mega plant. The new…
Saudi Arabia, the world’s largest oil producer, is about to join Kuwait and the UEA in buying attractively-priced LNG. Khalid Al-Falih, the Saudi energy minister, did not rule out buying…
Tellurian Inc, developer of the Driftwood LNG project, has confirmed Bechtel Oil, Gas and Chemicals had made a $50 million investment in the company. The investment was made on the…
Record results in shale oil and gas output in Appalachia and the Permian basin have been helped by President Donald Trump’s latest changes to the US corporate tax law. Several…
In 2018, three cargoes - each providing around 0.1 billion cm of liquefied gas - have come directly to British regas facilities from Yamal LNG in Russia. But as the…
The Panama Canal Authority said it expected LNG carrier traffic to increase by around 50% by the fourth quarter of 2018 as more US cargo export capacity comes on stream.
Open Season bidding for the second capacity extension on TransCanada’s Nova Gas Transmission Ltd. (NGTL) system has oversubscribed, with contracts awarded for an average term of 22 years. The NGTL…
Tellurian Inc., developer of the Driftwood LNG export project in Louisiana, has launched an open season to secure shippers for a proposed Permian Global Access Pipeline (PGAP), connecting the Permian…
Since the U.S. shale oil and gas revolution ended the need to import crude oil from Mexico, the trade balance shifted and U.S. energy exports have been exceeding imports from…

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.