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Spiralling development costs for liquefied natural gas (LNG) projects were firmly on the agenda at the LNG 17 conference in Houston. Daniel Yergin, chairman of energy consultancy IHS Cambridge, said it was the single most important factor which would determine whether projects...
For basketball fans, nothing is better than March Madness where sixty-four college basketball teams line up with a shot to win it all after a series of games played throughout the month of March. As the NCAA tournament progresses, the field is eventually split into four groups of 16 teams known...
The Canadian government has approved the takeovers of Calgary-based Nexen Inc. and Progress Energy Resources Corp. by Asian state owned firms, the Canadian Press reported. China's CNOOC and Malaysia's Petronas received the OK from the government late Friday as part of a...
TransCanada Corp.'s Mexican subsidiary, Transportadora de Gas Natural del Noroeste, was awarded the contract to build, own and operate the El Oro-to-Mazatlan Pipeline (Mazatlan Pipeline) in Mexico, following a successful bid to the Comisión Federal de Electricidad (CFE), Mexico’s federal...
TransCanada Corp.'s Mexican subsidiary, Transportadora de Gas Natural del Noroeste, has been awarded the contract to build, own and operate the El Encino-to-Topolobampo Pipeline (Topolobampo Pipeline) in Mexico by the Comisión Federal de Electricidad (CFE), Mexico’s federal power...
Exxon Mobil Corp. and Celtic Exploration Ltd. have announced that Exxon will acquire Celtic’s oil and gas assets in Western Canada for CDN$3.1 billion (US$3.2 billion). Canadian affiliates of ExxonMobil, including Exxon Mobil Canada Ltd. and Celtic have entered into an agreement for the purchase...
The Utica Shale contains about 38 trillion cubic feet of undiscovered, technically recoverable natural gas (at the mean estimate) according to the first assessment of this continuous (unconventional) natural gas accumulation by the U. S. Geological Survey. The Utica Shale has a mean of 940 million barrels...
Spectra Energy and partner, BG Group, have proposed to build a 850-kilometre (525 mile) natural gas system originating from northeastern B.C. to serve BG Group's potential liquefied natural gas (LNG) export facility in Prince Rupert, on the province's northwest coast. Project costs are reported...
Western Newfoundland's coastline might be home to North America's next big shale oil find and junior explorer Shoal Point Energy Ltd. has acquired virtually all of the land in the Green Point shale. "It's a bit of a wild frontier still," said George Langdon, the company's Newfoundland-raised CEO, who...
Shell today announced that it will go ahead with Quest, the first carbon capture and storage (CCS) project for an oil sands operation in Canada. “Carbon capture & storage (CCS) is critical to meeting the huge projected increase in global energy demand while reducing carbon dioxide (CO2) emissions.