In this issue

 

Global petrochemical manufacturer INEOS has struck a long-term supply agreement with SP Chemicals which will see ethane, derived from US shale gas, being shipped to China for the first time.…
Exports of natural gas from the United States to Mexico – both by pipeline and shipments of LNG cargoes – have reached an all-time high of just under 7.8 Bcf/d…
Pemex, Mexico’s national oil company, has made the biggest onshore find of oil and associated natural gas in 15 years in the eastern state of Veracuz. The find near the…
Chart Industries’ latest compact LNG regasification station is now fully operational in Mexico, bringing natural gas to fuel an off-grid power station. The regas project is a first for the…
Iran’s deputy oil minister Ali Kardor, who also heads the National Iranian Oil Company (NIOC) has signed an energy roadmap with Gazprom chairman Alexey Miller that will see the Russian…
Attending the inauguration of Novatek’s landmark $27-billion Yamal LNG plant on December 8, the Saudi Arabian Energy Minister Khalid Al-Falih confirmed the Middle East oil nation is considering investing in…
Shale gas production in the Appalachia region has been increasing rapidly for the past five years, growing by more than 14 billion cubic feet per day (Bcf/d) since 2012, according…
Economically speaking, the North American shale industry had yet to turn a profit, Gazprom claims which added to the debt burden of shale producers. “Canada’s shale-gas sector continues to develop…
The gas-oil ratio in North Dakota’s Bakken region, one of the most prolific US shale plays comprising the Bakken and Three Forks formations, has been gradually shifting towards natural gas.…
With world energy demand growing at 1.1% per year, the Gas Exporting Countries Forum (GECF) anticipates a 53% rise in global gas consumption between 2017 and 2040. Non-OECD Asia is…
The State of Alaska has approved ExxonMobil’s plan for the engineering and construction to expand the Point Thomson project on the North Slope oil and gas fields to increase future…
Kinder Morgan, the US pipeline and energy company, has taken the final investment decision (FID) with partners to proceed with the $1.7-billion Gulf Coast Express Pipeline Project that will boost…
Consumption of natural gas in China is anticipated to triple to reach 57 billion cubic feet per day (Bcf/d) by 2040 and bullish analyst houses like Sanford C. Bernstein expect…
Rising exports of “abundant US natural gas” is estimated to support up to 452,000 new jobs and give a $73 billion boost to the economy by 2040 – at a…

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.