New markets for Canada's oil remain elusive
A war of words, along with legal challenges and counter-challenges, could see plans for Canada's Trans Mountain export pipeline scrapped
Canada's quest to export oil from its shores has hit dire straits, with Trans Mountain pipeline builder Kinder Morgan threatening to withdraw support for the C$7.4 bn ($5.75bn) project. The plan is to transport production from Alberta's oil sands through British Columbia (BC) to the Pacific coast. BC opposes the idea. The whole affair has sparked a constitutional crisis over jurisdictional issues that's almost certainly going to go to the country's Supreme Court. Hanging in the balance is vitally needed export capacity—nearly 600,000 barrels a day—to secure new markets in Asia. Without it, Canadian oil will remain landlocked at the mercy of a single customer—the United States. Alberta's barr
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The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
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Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
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Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
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US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
