Posts Tagged ‘natural gas’

The days of energy isolationism may be coming to an end for Ontario and Quebec. Canada’s two largest power-consuming provinces, which have long followed their own paths when it comes to electricity, could soon join forces in an energy partnership that will pay dividends on both sides of the border. What’s more, unlike the fallout [...]

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A massive natural gas agreement between Asian superpowers may have just pulled the proverbial rug out from under Canada’s hopes to become a major exporter of Liquefied Natural Gas. The deal underscores one of the risks of playing in the global energy game—the goal posts can suddenly move just when you’re ready to kick the [...]

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In the lifespan of multi-billion dollar projects, five years is a relative blink. It’s why committing to big infrastructure projects is so nerve-wracking—the world can change in a hurry. Consider that only five years ago, plans were in place to build a terminal outside Quebec City to receive liquefied natural gas from Russia. At the [...]

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Don’t Count on Burning Libyan Oil Just Yet

Posted by Jeff Rubin on August 24th, 2011 under SmallerWorldTags: , , ,  • 7 Comments

With the sudden collapse of the Qaddafi regime in Tripoli, the oil industry is hoping it can repair enough of Libya’s damaged export terminals, pumping stations and pipelines to get as much as one million barrels a day of oil flowing into the market within the next six to 12 months. But as I have [...]

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Curious, isn’t it, how some of the largest shale gas producers seem to be drilling more for oil these days? According to Baker Hughes Inc., a major oil services company, last week the number of natural gas rigs operating in the US fell for a fifth consecutive week to a ten-month low. Just as the [...]

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