BC Natural Gas & LNG News

South Korea Must Limit U.S. Shale-Gas Imports to 20% of Total, Kogas Says by Eric Yep, posted on The Wall Street Journal

South Korea must limit the share of U.S. shale gas to one-fifth of its total gas imports to avoid excessive dependence on a single supply source, a senior executive at state-run Korea Gas Corp. said Monday. [Read More…]  

Ceiba Energy Services Inc. Announces Bought Deal Private Placement for Gross Proceeds of C$7,998,000, posted on Stockhouse

Ceiba Energy Services Inc. (“Ceiba” or the “Company”) (TSX VENTURE:CEB) announced today that the Company has entered into an agreement under which a syndicate led by Clarus Securities Inc. and including Canaccord Genuity Corp., Scotia Capital Inc. and Jennings Capital Inc. (collectively, the “Underwriters”) has agreed to buy 18,600,000 special warrants of the Company (the “Special Warrants”) at a price of C$0.43 per Special Warrant (the “Issue Price”) for gross proceeds to the Company of C$7,998,000 (the “Offering”).  [Read More…]  

Sinopec, Petronas eye Canada’s LNG project, posted on the Gulf Times

China Petroleum & Chemical Corp (Sinopec)  is in talks with Malaysia’s Petroliam Nasional Bhd to buy up to 15% of a liquefied natural gas project on Canada’s western coast, people familiar with the matter said. [Read More…]  

Petronas exceeds targets, production grows at 5.8% , posted on The Star Online

Petroliam Nasional Bhd’s (Petronas) production of oil and gas last year grew an unprecedented 5.8%, double its target of 3% per annum and beating some of the world’s biggest names in the industry. [Read More…]  

Toronto Star’s View: Ontario has room to raise taxes, posted on OurWindsor.ca

Ontario Finance Minister Charles Sousa raised the dreaded T-word this week — as in T for tax. And it was telling that he spent his time publicly saying what his government will not do. “We’re not raising HST,” he insisted. “We’re not going to increase gas taxes.” [Read More…]  

Another pre-election gas line study by Bill Walker, posted on the Fairbanks Daily News Miner

Here we go again. With another gubernatorial election we get another gas line study (Senate Bill 138) designed to fool voters into thinking there’s progress on gas line development. [Read More…]  

25 years after Exxon Valdez, lessons are still relevant by Angela Day and Stephanie Buffum, posted on HeraldNet

Twenty-five years ago tonight, workers at the Alyeska Marine Terminal in Alaska loaded fifty-three million gallons of North Slope crude oil onto the supertanker Exxon Valdez. Across Valdez bay, a group of citizens met in the city council chambers, expressing their concerns that a spill in Prince William Sound was inevitable.  [Read More…]    

Live Industry News

   Follow @CI_Energy #BCNG   LinkedIn-Logo-2C (1) Join The Energy and Oil & Gas Network  Group on Linkedin  

Related Event


When: Tuesday, June 03 to Wednesday, June 04, 2014

Where: Renaissance Vancouver Harbourside Hotel, Vancouver, British Columbia

To Learn more visit: www.CanadianInstitute.com/BCNG