Articles filed under Canada

Energy midstream giant Tallgrass Energy, which operates 10,000-plus miles of natural gas and oil pipelines and storage systems across the Lower 48, has clinched a new partner that is bringing in a bundle of funding.

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.

Calgary-based Tourmaline Oil Corp., the largest natural gas producer in Western Canada, has struck a deal to buy crosstown explorer Crew Energy Inc. to build its gas-heavy reserves In the Montney Shale.

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.

The commercial start up of Western Canada’s first natural gas export project, LNG Canada, is going to lead to an uptick in Montney Shale drilling in 2025, according to Calgary-based Precision Drilling Corp.

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.

Canada’s largest natural gas producer, Tourmaline Oil Corp., expects the already tight California natural gas market to become more lucrative amid rising demand and limited transport capacity.

Pacific inventories of underground natural gas remain elevated relative to historical norms – but far less so than any other region.

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.

Calgary’s Whitecap Resources Inc. saw natural gas production jump from Western Canada’s Montney and Duvernay shale formations as well as from conventional assets in Alberta and Saskatchewan in the second quarter.