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Business & Finance

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Clean FuelFossil EnergyLiquefied Natural GasOil & GasOther FuelsBusiness Developments & ProjectsMarine EnergyOffshore WindTidal & Wave EnergyAuthorities & GovernmentEnvironmentMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationTransitionVisionInfrastructureProject & TendersFunding & RegulationHydrogenExploration & ProductionAlternative FuelsLNGGreen MarineShipbuildingCollaborationResearch & Development
Cedar LNG; Source: Exmar
Business & Finance

Exmar takes on FLNG gig for $4B hydro-powered floating LNG project in Canada

Belgian shipping company Exmar has landed an assignment for a floating liquefied natural gas (FLNG) unit destined for deployment in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 7 months ago
Canada
Business & Finance

Marine energy ‘key pillar’ in Canada’s clean energy transition, 2050 roadmap states

Marine Renewables Canada (MRC) has published a national roadmap that outlines how offshore wind, tidal, wave, and river current energy can help meet Canada’s surging electricity demand, projected to increase two to threefold by 2050, with marine renewable energy seen as a key pillar of the country’s

about 7 months ago
Arrival of two new modules; Source: Woodfibre LNG
Business & Finance

Construction of Canada’s multibillion-dollar LNG project nears 60%

With the arrival of two massive modules, Woodfibre Management, a privately held Canadian company based in Vancouver, has made further progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project under development in British Columbia, Canada.

about 8 months ago
South Koreans join in Canadian LNG project
Business & Finance

South Koreans join in Canadian LNG project

South Korea’s Hanwha Group has entered into a strategic memorandum of understanding (MoU) with Canadian firm Fermeuse Energy to jointly advance the Newfoundland and Labrador liquefied natural gas (LNG) development project in Canada. As part of the partnership, Hanwha will be a long-term strategic pa

about 8 months ago
EU flag; Credit: Adrijana Buljan, Editor-in-Chief at offshoreWIND.biz, Offshore-Energy.biz's sibling site
Business & Finance

Brussels endorses €200 million German scheme for Canadian hydrogen imports to EU

The European Commission (EC) has cleared a €200 million German aid to boost Canadian-produced renewable hydrogen and its derivatives for the European market. This scheme will support the construction of up to 300 MW of electrolysis capacity.

about 8 months ago
Aerial view of the LNG Canada facility in Kitimat, British Columbia, Canada
Business & Finance

EIG’s MidOcean wraps up acquisition of stake in Petronas’ Canadian upstream portfolio

Malaysia’s state-owned energy giant Petronas has sold a partial interest in its Canadian assets to MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).

about 9 months ago
Rendering of the Cedar LNG facility
Business & Finance

12-year deal in the bag for Canada’s $4B hydro-powered floating LNG project

Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure player Pembina Pipeline Corporation, has secured a new multi-year agreement for its floating liquefied natural gas (LNG) (FLNG) facility located in the traditional territory of the Haisla Nation, on Canada’s West C

about 9 months ago
LNG Canada
Business & Finance

JGC and Fluor cheer handover of second train at Canada’s mega LNG export project

Japan’s JGC Holdings Corporation and its joint venture (JV) partner, Fluor Corporation, have wrapped up their work on the second train at a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by LNG Canada, a joint venture company encompassing Shell,

about 9 months ago
Vessel carrying LNG cargo; Courtesy of LNG Canada
Business & Finance

Canada’s first large-scale export project sends off another LNG cargo

With another liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has reached a new milestone at its giant LNG export terminal in Kitimat, Canada’s British Columbia.

about 10 months ago
LNG Canada
Business & Finance

Canada’s first large-scale LNG export project firing on all cylinders as it ignites second train

LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has put into operation mode the second train at its liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia.

about 10 months ago
Artistic rendering of the proposed Tilbury Phase 2 LNG expansion project; Source: FortisBC
Business & Finance

British Columbia says yes to $1.14 billion LNG storage expansion

FortisBC has secured the endorsement from the British Columbia Utilities Commission (BCUC), an independent regulatory body regulating BC’s energy utilities, basic automobile insurance rates, and intra-provincial pipeline rates, for the proposed storage expansion of its existing liquefied natural gas

about 11 months ago
Marine work underway in September 2025; Source: Woodfibre LNG
Business & Finance

Canada’s $5.1 billion LNG project continues to take shape (Gallery)

Woodfibre Management, a privately held Canadian company based in Vancouver, has made progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

about 11 months ago
wave energy buoys
Business & Finance

Canadian firm raises $1.83M to advance wave energy tech

Voltai, a Canadian cleantech company focused on ocean and renewable energy solutions, has closed an oversubscribed $1.83 million pre-seed financing round. Invest Nova Scotia led the round, with additional participation from an angel investor group headed by Mahir Sahin, former advisor to Alphabet’s

about 1 year ago
Aerial view of the LNG Canada facility in Kitimat, British Columbia, Canada
Business & Finance

Petronas-MidOcean partnership bets on Canada’s LNG potential

Keeping opportunities in Canada’s liquefied natural gas (LNG) sector at the forefront, Malaysia’s state-owned energy giant Petronas has sealed a long-term alliance with MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).

about 1 year ago
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