Category: Petronas

Shell, Mitsubishi seeking buyers for stake in LNG Canada: Energy media reports

The energy media, including Reuters  and Upstream Online  are reporting that both Shell and Mitsubishi are looking to possibly sell off significant portions of their stake in LNG Canada. Petronas, another of the partners in LNG Canada, has already sold off 20 per cent of its stake in the project to a liquified natural gas […]

Petronas "will not proceed" with Prince Rupert LNG project

Petronas Tuesday issued the following news release: PETRONAS AND PARTNERS WILL NOT PROCEED WITH PACIFIC NORTHWEST LNG PROJECT Malaysia’s energy company remains committed to developing its gas assets in Canada KUALA LUMPUR, 26 July 2017 – PETRONAS and its partners have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in […]

Petronas and partners announce conditional Final Investment Decision for Lelu Island subject to environmental assessment

In a news release this afternoon, Pacific Northwest LNG announced that the company has given a positive, but conditional, Final Investment Decision, to build an LNG facility on the environmentally sensitive Lelu Island at Port Edward. BC. Pacific NorthWest LNG (PNW LNG) announced today that the required technical and commercial components of the project have […]

CBC.ca

Why the media coverage of the Tim Hortons boycott is a double double failure

The headline on Thursday’s CBC.ca coverage of the sudden controversy over a boycott  in British Columbia of Tim Horton's over the Enbridge ads sums up everything that's wrong about media coverage not only of the boycotts, but of northwest energy and environment issues overall. “Tim Hortons yanks Enbridge ads, sparks Alberta backlash.” The anger at […]

Japan Petroleum approves LNG import facility in Fukushima Prefecture

Media reports say that Japan Petroleum Exploration (Japex) has given final investment approval to build a liquified natural gas receiving terminal and storage facility  at the Soma Port in Shinchi, Fukushima Prefecture to receive Canadian LNG, probably from Prince Rupert. The company will also build a 40 kilometre connecting pipeline to move the natural gas to […]

PetroChina in multi-billion dollar LNG buying spree in Canada and Australia

PetroChina went on a multi-billion dollar natural gas buying spree Thursday, Dec. 13, 2012, picking up shares in operations in both Canada and Australia. In Canada, Encana, one of the partners in the Kitimat LNG project, signed a joint venture arrangement with Phoenix Duvernay Gas, a wholly owned subsidiary of PetroChina, to explore and develop Encana's extensive […]

Malaysia buys stake in BC shale, eyes West Coast LNG export terminal

A Canadian energy company, Progress Energy Resources, based in Calgary, has agreed to sell 50 per cent its stake in  a BC shale gas development called North Montney to Malaysia's state oil firm Petronas  for $1.07 billion Canadian ($1.09 billion US). The two plan to build  an LNG export terminal somewhere on the BC West […]