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No Wealth, No Justice in $1 Billion LNG Offer to First Nation Band
No Wealth, No Justice in $1 Billion LNG Offer to First Nation Band Here’s why Lax Kw’alaams still side with the salmon. Leonardo Boff, a Brazilian theologian and writer known for his work among the poor and the excluded, is credited with coining a phrase that is as true as any you’ll ever hear: ”The […]
Squamish Mayor Says No to LNG Plant, with Strings Attached
Squamish Mayor Says No to LNG Plant, with Strings Attached Terminal pumped by premier would process up to 2.1 million tonnes of gas a year. The mayor of Squamish and her council will not support the proposed Eagle Mountain pipeline and Woodfibre LNG plant in the region unless 18 conditions are met, according to an […]
Resource Dependence Could Prove Fatal For Canadian Economy
Resource Dependence Could Prove Fatal For Canadian Economy Low oil prices are threatening the health of Canada’s oil and gas sector, which in turn, is causing turmoil in Canada’s economy as a whole. The fall in oil prices are forcing billions of dollars in spending reductions for Canada’s oil and gas industry. In February, Royal […]
Is The EU Finally Breaking Free Of Russia’s Energy Grip?
Is The EU Finally Breaking Free Of Russia’s Energy Grip? Gazprom’s dominance over European energy supplies may be beginning to slip. The collapse of oil prices has punished Gazprom’s revenues, but in a new development that is further damaging to the Russian state-owned company, the European Union is also beginning to shake itself of Russian […]
Tanking Asia Gas Prices Makes BC LNG ‘Not Viable,’ Expert Says
Tanking Asia Gas Prices Makes BC LNG ‘Not Viable,’ Expert Says A liquified natural gas industry, as currently promoted by British Columbia’s Liberal government, is not viable at current natural gas prices, and the proposed industry tax regime actually “gives a subsidy to the LNG industry,” according to a royalty expert. Jim Roy, a former […]
LNG Another Casualty Of Low Oil Prices
LNG Another Casualty Of Low Oil Prices The oil industry is facing rising debt from collapsing oil prices, but there could be another sector that becomes a casualty of the low oil price environment: liquefied natural gas (LNG). Much of the global LNG trade occurs in Asia, where buying and selling occurs according to long-term […]
Is The Canadian LNG Export Dream Dead?
Is The Canadian LNG Export Dream Dead?. Lower oil prices have killed off major plans for liquefied natural gas exports from Canada’s west coast. On December 2 the state-owned oil company of Malaysia, Petronas, decided to shelve plans to build an enormous LNG export terminal in British Columbia, citing the falling price of oil. It is common […]
Resource Insights: Did Russia and China just sign a death warrant for U.S. LNG exports?
Resource Insights: Did Russia and China just sign a death warrant for U.S. LNG exports?. Russia and China have signed two large natural gas deals in the last six months as Russia turns its attention eastward in reaction to sanctions and souring relations with Europe, currently Russia’s largest energy export market. But the move has implications beyond […]
