Final decision almost made on $36 billion LNG facility

Pacific NorthWest LNG (PNW LNG) announced on June 11, 2015 that the required technical and commercial components of the project have been satisfied. Consequently, PNW LNG has resolved to move forward with a positive Final Investment Decision, subject to two conditions. The Final Investment Decision will be confirmed by the partners of PNW LNG once two outstanding […]

First Nation, Province partner on natural gas pipeline

Decreased spending in Canada’s oil and gas industry could potentially lead to 185k job losses

In 2014, the oil and gas industry spent more than $125 billion on exploration, development and production activities in Canada, supporting more than 720,000 direct and indirect jobs. With an anticipated $31 billion reduction in capital and operational expenditures in 2015, the Canadian economy could lose as many as 185,000 direct and indirect jobs related […]