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Former Malaysian PM Warns Of “Economic Crisis” If Brent Trades Below $70

Former Malaysian PM Warns Of “Economic Crisis” If Brent Trades Below $70 Najib Razak, the former prime minister of Malaysia, warned that the country is headed for an economic collision of massive proportions should ICE Brent Crude contracts trade below $70. As of Friday, Brent Crude contracts settled at 70.18, which he also warned that Moody’s […]

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Another Industry Reported Quake in BC’s Fracking Grounds


Another Industry Reported Quake in BC’s Fracking Grounds
 Regulator says tremor likely industry-caused, but company says it’s too soon to say. Progress Energy, an arm of the Malaysian oil company Petronas, temporarily shut down operations at a wellsite after a 4.5 magnitude earthquake hit an area 114 kilometres northwest of Fort St. John on Aug. […]

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LNG Project Would Affect ‘Grand Central Station’ for Salmon, Researchers Say

LNG Project Would Affect ‘Grand Central Station’ for Salmon, Researchers Say Science letter asks gov, industry to acknowledge ‘full impacts’ of BC project. The proposed Pacific Northwest LNG project and related pipelines located at the mouth of the Skeena River in northern British Columbia would affect more than 40 different salmon populations harvested in at […]

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Petronas’s Silence on BC LNG Act Sends Disquieting Signal

Petronas’s Silence on BC LNG Act Sends Disquieting Signal Busy passing project terms, BC forgot to check on events abroad. As the British Columbia legislature passed its “historic” Liquefied Natural Gas Project Agreements Act on July 21 after a lively eight-day debate, the most important player for which the special summer session of Parliament was […]

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BC’s Gas Export Hopes Face ‘Scandal that Ate Malaysia’

BC’s Gas Export Hopes Face ‘Scandal that Ate Malaysia’ Asian nation’s PM, key to $36 billion LNG bid by Petronas, in corruption probe. The prime minister of Malaysia, who is central to British Columbia’s liquefied natural gas development ambitions, is the subject of a major financial corruption scandal rocking his country. Earlier this month The […]

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Nine LNG Questions for British Columbians to Ask Their Politicians

Nine LNG Questions for British Columbians to Ask Their Politicians Pressing queries in light of high-stakes Petronas agreement just passed. The British Columbia legislature has just ratified a long-term agreement to lower royalties and taxes for a $38-billion liquefied natural gas project proposed by Malaysia’s state-owned oil company, Petronas. Pacific Northwest LNG, a consortium that […]

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BC LNG Deal Lets Petronas off Hook for Two Kinds of Emissions

BC LNG Deal Lets Petronas off Hook for Two Kinds of Emissions Carbon ‘free pass’ imperils BC’s climate targets, say critics. The B.C. government plans to subsidize Malaysian gas giant Petronas to the tune of $16 million, in part due to a promise to exclude a significant chunk of the greenhouse gas emissions from the Pacific NorthWest LNG […]

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Who Is BC’s Big LNG Partner? A Petronas Primer

Who Is BC’s Big LNG Partner? A Petronas Primer Group led by Malaysia’s national oil company aims to build terminal near Prince Rupert. Just one week after the Lax Kw’alaams band rejected a $1-billion offer by Petronas to build a liquefied natural gas terminal at the mouth of the Skeena River in British Columbia, Premier […]

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Canadian LNG Export Future Delayed, But Not Dead Yet

Canadian LNG Export Future Delayed, But Not Dead Yet As the Lax Kw’alaams community rejected a $1 billion offer from Pacific NorthWest LNG as compensation for a proposed natural gas project this week, the global energy community took notice. With the native tribe turning down such an enormous sum of money, the rejection could put […]

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Petronas Hoping To Buy First Nations Tribes’ Support For $1 Billion

Petronas Hoping To Buy First Nations Tribes’ Support For $1 Billion Petronas is willing to pony up nearly $1 billion to secure the support of First Nations tribes in western Canada for its natural gas export project. The Malaysian state-owned oil company is offering C$1.15 billion (USD$950 million) to the Lax Kw’alaams tribe in order to build […]

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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 […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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