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04.04.2013 Canada Seen Beating U.S. in $150 Billion Asia LNG Race

Canada is pulling ahead of the U.S. in a contest to be the first exporter of liquefied natural gas from the North American shale bonanza to Asia’s $150 billion LNG market, Bloomberg reports.

02.04.2013 Total Dumps Canadian Oil Sands Project for $1.65bn Loss

France’s Total SA will sell its 49% stake in its Canadian oil sands project to Suncor Energy Inc. for $500 million, netting the French oil giant a $1.65 billion loss on the beleaguered project, OilPrice.com reports.

01.03.2013 Sunshine Oilsands Taps China for Output Boost

Bloomberg reports that Sunshine Oilsands Ltd. (SUO), the first Canadian oil-sands operator to list shares on the Hong Kong exchange, is in “advanced” talks with joint-venture partners to boost production to a potential 1 million barrels a day.

13.02.2013 More Canadian LNG Bound for Asian Markets

Teaming with U.S. supermajor Chevron's subsidiary in Canada is a unique opportunity to tap into natural gas-hungry Asian markets, Apache Corp. said, according to UPI.

26.12.2012 Chevron Subsidiary Acquires Operating Interest in Western Canada LNG Project to Meet Rapidly Growing Asia-Pacific Demand

Chevron Corporation announced December 24 that its indirect Canadian subsidiary, Chevron Canada Limited, will acquire a 50 percent operating interest in the Kitimat liquefied natural gas (LNG) project and proposed Pacific Trail Pipeline (PTP), and a 50 percent interest i

11.12.2012 Petronas and Progress Welcome Favorable Canada Ruling

PETRONAS and Progress Energy Resources Corp. (Progress) welcome the Canadian Ministry of Industry’s decision to approve PETRONAS’ investment, which will help develop Canadian natural gas for the global liquefied natural gas (LNG) export market.
 

10.12.2012 Petronas sees LNG exports from $11-bln Canadian facility by 2018

Reuters reports today that Malaysian state oil firm Petronas is aiming to  to begin exports by 2018 from its joint $11-billion liquefied natural gas (LNG) facility in Canada. The company has teamed up with Canada's Progress Energy Resources Corp.

07.12.2012 Canada OKs CNOOC's $15b purchase of Nexen

Canadian regulators on Friday approved China National Offshore Oil Corp's $15.1 billion purchase of Calgary-based Nexen Inc, which explores western Canada's oil-rich tar sands and operates production rigs in the North Sea, the Gulf of Mexico and Nigerian waters.

06.12.2012 Canada maintains GHG emissions while increasing oil & gas production

The Canadian oil and gas industry’s 2012 Responsible Canadian Energy (RCE) progress report was released today by the Canadian Association of Petroleum Producers (CAPP).

03.12.2012 Canada seeks access to new oil markets

AFP reports that Canada is scrambling to build an expansive new oil pipeline network to reach new markets in Asia, as the United States increases it's own oil production, aiming to become a leading global exporter.