It used to be that liquefied natural gas (LNG) was sold using long-term contracts with a specific buyer, usually having an international destination. However, late last year, that changed when a tanker cargo of U.S. shale gas — chilled LNG – left Louisiana, went through the Panama Canal and unloaded at Mexico’s Manzanillo terminal. Its…
Nsolv Corporation announced in early March, 2017 it had completed the optimization phase of its pilot oil sands project near Fort McKay, AB three years after it launched (January, 2014) and achieved exceptional results. It has produced more than 125,000 barrels of oil, generated very little greenhouse gas (GHG) emissions, used no water, and experienced…
Natural Resources Canada’s (NRCan) Extractive Sector Transparency Measures Act (ESTMA) sets out mandatory reporting measures for the extractive industry. The Act aims to increase transparency and deter corruption by having companies engaged in the commercial development of oil, gas, and minerals publicly disclose each year specific payments made to governments in Canada and abroad. Publicly-traded…
In mid-March, 2017 Royal Dutch Shell announced it had abandoned its plan to construct a liquefied natural gas (LNG) facility in Prince Rupert, BC. The project, located at the south of Ridley Island, was one the company had received when it purchased BG Group in 2016. The good news is Shell reconfirmed its commitment to…
Schlumberger announced recently it had invented a comprehensive single-trip and abandonment system which enables an operator to save significant dollars in its abandonment milling, cutting, and retrieving operating costs. It also cuts the required trips by about 50 per cent and reduces the number of days required for plugging-and-abandonment (P&A) operations. This “all-inclusive system” is…
CSV Midstream Solutions Corporation recently signed an agreement with an intermediate-sized producer to build, own, and operate a 100 million cubic feet (mmcf) sweet gas processing plant in the Resthaven area of Alberta. The company plans to launch construction in the third quarter, 2017 and commission it in the first quarter, 2018. CSV’s vision is…
