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Business & Finance

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Canada to support clean hydrogen trade with Germany with up to $300 million
Business & Finance

Canada to support clean hydrogen trade with Germany with up to $300 million

Canada will commit up to $300 million to ensure the development of a transatlantic hydrogen trade corridor with Germany.

about 2 years ago
Canada boosts green shipping corridor projects with fresh funding
Business & Finance

Canada boosts green shipping corridor projects with fresh funding

The Government of Canada has awarded $1.7 million in funding to fourteen projects under the Green Shipping Corridor Program’s Clean Vessel Demonstration program.

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about 2 years ago
Cedar LNG project (artist’s rendering); Courtesy of Cedar LNG
Business & Finance

Samsung Heavy Industries books French player for work on Canada’s $4 billion FLNG project

GTT has picked up a new order from Samsung Heavy Industries, which will enable it to provide the tank design of a new FLNG unit, which will be deployed in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 2 years ago
LNG Canada (for illustration purposes); Source: LNG Canada
Business & Finance

Canada’s crackdown on greenwashing: ‘Gag order’ for oil & gas industry’s climate action or greater transparency?

Canada has now tightened the reins on environmental stewardship with a bill that brings multimillion-dollar fines and jail time into play for those prone to bragging about climate action they cannot back up.

29 minutes read
LNG Canada marine terminal, Kitimat, March 2024; Courtesy of Shell-led LNG Canada
Business & Finance

Canada’s first large-scale LNG export facility closing in on start-up date

LNG Canada has made inroads in putting the required pieces in place to bring its LNG export terminal into operation later this year.

about 2 years ago
Illustration; Source: Tilbury Pacific
Business & Finance

LNG project forging ahead as Canada gives its blessing

Canada has greenlighted a project aiming to build a dock to supply trans-oceanic vessels with LNG at the Port of Vancouver.

about 2 years ago
Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG
Business & Finance

Canada’s $4 billion hydro-powered floating LNG project is a go

A final investment decision (FID) has been made for a floating liquefied natural gas (LNG) (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa) on Canada’s West Coast.

about 2 years ago
Illustration; Source: Africa Oil Corp.
Business & Finance

Africa Oil’s consolidation move brings new investor and opens doors to greater oil & gas growth opportunities

Africa Oil Corp. has struck a deal with BTG Oil & Gas to consolidate shareholdings in Prime, which has deepwater assets located offshore Nigeria.

about 2 years ago
Woodfibre LNG will move its floatel workcamp from Nanaimo to Howe Sound site, and will comply with a B.C. Environmental Assessment Office order to house non-local workers on it; Source: Woodfibre LNG
Business & Finance

Floatel on the move to house 650-strong workforce for Canada’s $5.1 billion LNG project

A floatel will be transferred to the site of a 2.1 million-tonne-per-year LNG export project with 250,000 m3 of floating storage capacity being built in British Columbia, Canada, which is said to be the world’s first net zero LNG export facility.

about 2 years ago
Vopak and AltaGas reach FID for large-scale LPG and bulk liquids terminal in Canada
Business & Finance

Vopak and AltaGas reach FID for large-scale LPG and bulk liquids terminal in Canada

Royal Vopak and AltaGas reached a positive FID on the large-scale LPG and bulk liquids export terminal on Ridley Island, B.C., Canada.

about 2 years ago
Stena DrillMAX drillship; Source: Stena Drilling
Business & Finance

Stena Drilling’s drillship comes to Canada to carry out work for ExxonMobil

Stena Drilling has confirmed that one of its drillships made its way to Canadian waters, where it will embark on a drilling assignment with ExxonMobil.

about 2 years ago
Ministers from Qatar, the United States, the United Arab Emirates, Saudi Arabia, Canada, and Norway at Net Zero Producers Forum; Source: QatarEnergy
Business & Finance

Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

about 2 years ago
CSL
Business & Finance

CSL biofuel program makes a comeback

Canadian shipping company Canada Steam Ship Lines (CSL) has teamed up with compatriot fuel provider Canada Clean Fuels to power eight of its ships with North American-sourced B100 biodiesel.

about 2 years ago
Trinity Exploration & Production
Business & Finance

Canadian oil & gas firm bringing UK-headquartered player into its fold

Touchstone Exploration has set the wheels in motion to acquire all of the issued and to be issued ordinary share capital of Trinity.

about 2 years ago