Things are pretty quiet at the moment, so Northwest Coast Energy News is going on a limited hiatus until April while I work on a related project.
I will still cover major news of interest to Kitimat residents and those following developments in northwest energy development.
Robin
Exports of liquefied natural gas from the LNG Canada plant were more than one million metric tons in April, Reuters reports, based on data from the monitoring firm LSEG data. All the LNG went to Asia, with about half going to South Korea. One cargo went to China when on April 24, the tanker Qingcheng […]
Three of the world’s biggest asset management funds are making multibillion dollar bids for a stake in LNG Canada, Reuters is reporting. The companies are Apollo Global Management, Blackstone and KKR, Reuters said, quoting anonymous sources. Shell and the three companies would not comment to Reuters on the report. If the deal goes through it […]
Shell says it has entered into a definitive agreement to acquire ARC Resources Ltd, a Calgary based energy company focused on the Montney shale basin in British Columbia and Alberta. The deal is worth $22 billion Canadian, ($13.6 billion US in cash and shares) and includes taking over ARC’s debts. Financial analysts report that offer […]
