Updated Aug 22, 2024
8/22/24
Pembina Pipeline Corp. is working to complete contracts this year for the remaining natural gas capacity for the Cedar LNG Partners LP export project in British Columbia, a top executive said last week.
The U.S. natural gas rig count fell by one to 97 units for the week ended Friday (Aug. 9), while an increase in oil rigs sent the combined domestic tally up two units to 588, according to updated Enverus and Baker Hughes Co. (BKR) data.
The Nisga’a Nation and Western LNG are working to amend the route of their Prince Rupert Gas Transmission (PRGT) project in British Columbia (BC) as early site work begins this month.
Production soared to record levels in Canada and intersected with a relatively mild winter earlier this year. This left the country with robust supply and weak natural gas prices. It also resulted in elevated levels of exports to the Lower 48, where buyers capitalized on relatively low-cost gas.
In the largest transaction of its kind, TC Energy Corp. has agreed to sell equity interest in two of its Canadian natural gas pipelines to an Indigenous-owned investment partnership.
The U.S. natural gas rig count fell by one unit to 100 for the week ended Friday (July 12) as drilling activity leveled off, according to updated Enverus and Baker Hughes Co. (BKR) data.
Canada’s fledgling LNG export industry could be reaching a milestone as one major project nears start-up and another receives critical support.
Energy-intensive bitumen production in the Alberta oilsands, along with rising natural gas-fired power generation, are expected to drive substantial growth in the province’s gas demand over the next nine years, according to the government.
Working natural gas in storage is on the cusp of topping out in Alberta, the Canadian province with the largest capacity.
Western Canada-focused Pembina Gas Infrastructure Inc. (PGI) is aiming to expand its natural gas infrastructure in the Montney and Duvernay formations after securing a half-stake in Whitecap Resources Inc.’s 15-07 Kaybob Complex.