Petronas and partners will not proceed with Pacific Northwest LNG project

PETRONAS and its partners have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in British Columbia, Canada. The decision was made after a careful and total review of the project amid changes in market conditions. PETRONAS’ executive vice-president & chief executive officer, upstream, Anuar Taib said, “We are disappointed that […]

Vopak and AltaGas to jointly invest in propane export terminal on Ridley Island

Royal Vopak and AltaGas Ltd. (AltaGas) (TSX:ALA) announced today that they have entered into a joint venture and will invest together in the development of the Ridley Island Propane Export Terminal (RIPET). RIPET is expected to be the first propane export facility off the west coast of Canada. The project is to be designed to […]

TransCanada invests $2 billion to expand NGTL System capacity

TransCanada Corporation announced June 14, 2017 that it will move forward with a new $2 billion expansion program on its NOVA Gas Transmission Ltd. (NGTL) System, based on new contracted customer demand for approximately 3 billion cubic feet per day (Bcf/d) of incremental firm receipt and delivery services. “Between now and 2021, TransCanada is investing approximately […]