Tag: 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 […]

Editorial Part I: Kitimat needs a world class council

Kitimat voters in the upcoming municipal election should carefully, very carefully, consider who are the best candidates that will, as much as humanly possible, produce a “world class” municipal mayor and council. Northwest Coast Energy News will not endorse any individual for mayor or council in the 2014 municipal election. However, this election is probably […]

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 […]

Shell considering giant floating LNG platform off BC Coast: Alberta Oil

Energy LNG  Link Alberta Oil is reporting that Shell's plans for a liquified natural gas export facility somewhere on the northern British Columbia coast will likely be a giant floating platform, similar to the platform planned for the coast of Western Australia. Shell Canada sizes up LNG options offshore B.C. Although costs, production volumes and […]

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 […]