Tuesday, December 3, 2024
Canada’s LNG dreams fade as blockades add new costs to industry- oil and gas 360

Canada’s LNG dreams fade as blockades add new costs to industry

Houston Chronicle Hopes that Canada could turn into a gas export powerhouse seem to be waning fast. The current climate for energy investments in the country and the global market for liquefied natural gas are a far cry from October 2018, when a Royal Dutch Shell Plc-led group announced plans to build a massive LNG terminal on British Columbia’s coast

IEA plans to revise down oil demand forecasts due to virus- oil and gas 360

IEA plans to revise down oil demand forecasts due to virus

Houston Chronicle The International Energy Agency plans to revise down its oil-demand forecasts next week because of the spreading coronavirus. “I am going to announce it Monday morning in Paris,” IEA chief Fatih Birol told a Congressional hearing in Washington on Thursday. “The impacts are already severe mainly because the transport sector is heavily affected.” Last month, the Paris-based adviser