In this issue

 

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…
American government representatives have been reaching out to Japanese officials in the hope to find informal avenues of increasing the volume of US LNG exports to the Asia-Pacific region. The…
Mitsui OSK Lines, the Japanese ship owner with a LNG fleet of 70 vessels, has given the name “Energy Liberty” to a new-build vessel with a rarely used storage tank.…
Electrifying remote Indonesian islands through ships, or barges, that generated electricity using LNG, is at the centre of a research plan supported by the governments of Indonesia and Japan. Tokyo…
Demand for natural gas is forecast to outpace the increase in domestic supply. India's gas market is expected to grow at compounded annual growth rate of 7% by 2020, driven…
Integrating North America’s abundant shale gas resources into global markets keeps prices subdued: NBP averaged at $10/mmBtu in 2011-14 and by 2016 lost more than half of its value, hovering…
In the face of oversupplied global gas markets and rising LNG trade, the International Energy Agency (IEA) has voiced concerns that the transformation from regional to more flexible, interdependent gas…
CEOs of the three gas liquefaction and export facilities near Gladstone in Queensland, Australia, have struck a deal with Prime Minister Malcolm Turnbull, promising to fill the expected shortfall and…
Encouraged by a seismic survey of Atlantic coast acreage, Argentina has announced it will auction offshore oil and gas exploration rights near its northeastern sea border next year. The energy…
Kinder Morgan, the US pipeline company, has received permission from US regulators to advance with further work on storage for its export project at Elba Island near Savannah in the…
NextDecade, developer of the Rio Grande liquefaction plant in Texas, has received tax incentives for its project planned for the Port of Brownsville because of its jobs and investment potential.

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.