Pieridae Energy, the Canadian exploration and production company and developer of the Goldboro LNG export project in Nova Scotia with German-backed funding and sales accords, reported a net loss in its latest earnings as it awaited the completion of an acquisition.
A review board in the Canadian province of Nova Scotia has cancelled a hearing on whether the Goldboro LNG export project being developed by Calgary, Alberta-based Pieridae Energy should consult with native North American First Nations.
Pieridae Energy, the developer of the Goldboro LNG export project in the Canadian Atlantic Coast province of Nova Scotia, has posted widening second-quarter losses as it progresses with the venture that includes selling cargoes to German utility Uniper.