In this issue

 

Neal Shear, interim chief executive at Cheniere Energy, has been given the green light to continue in his post until June 15, 2016. He succeeded the famed Charif Souki, who…
US gas prices are likely to stay low for longer, as the Energy Information Administration (EIA) expects gas production to rise by 1.5 Bcf/d in 2016 despite declining rig counts…
Tuesday, 16 February 2016
Natural gas production across all major US shale regions are seen declining. Substantial drop in rig counts since mid-2014 can no longer be compensated by productivity gains, hence EIA analysts…
The U.S. has been using the anti-Russian sentiment in the Baltic countries to foster LNG deals with Lithuania. Next in line might be Turkey, as the country is at the…
EU leaders reckon that Nord Stream-2 contradicts efforts to reduce Europe's energy dependency and undermines Poland and Ukraine’s role as gas transit countries. The pipeline extension is meant to transport…
Shale gas from the US has been brand marked as ‘a new rival’ by the Gas Exporting Countries Forum (GECF) as it undermines the alliance’s strategy on pricing and production…
Shale gas from the US has been brand marked as ‘a new rival’ by the Gas Exporting Countries Forum (GECF) as it undermines the alliance’s strategy on pricing and production…
Pieridae Energy, the developer of the Goldboro LNG project in the Canadian province of Nova Scotia, has forged a shareholder relationship with Orlan of Poland, strengthening its European ties beyond…
Houston-based Targa Resources Partners and Sanchez Energy have committed to invest an intital $125 million and $115m, respectively, to build a LNG processing plant and feed-gas pipelines that will exclusively…
Two companies involved in $100 billion of takeover transactions, BG Group of the UK and Energy Transfer Equity (ETE) of the US, have received full regulatory approval to proceed with…
Clean Energy Fuels Corp., the US developer of a liquefied natural gas fueling station network welcomed the passage by Congress of an alternative fuel tax credit that will continue to…
Committing to a 36% cut in emissions per GDP ratio by 2030, Singapore is counting on clean energy. Natural gas accounts for over 95% of the city state’s power mix,…
Tuesday, 16 February 2016
Higher prices of LNG compared to coal and nuclear is prompting two of the biggest importers in Asia to move away from gas generation.
Tuesday, 01 December 2015
A supply gap is likely to open up by the end of the decade and to prevent this, the industry should reduce costs of liquefaction, e.g. through small FLNG units,…

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.