Blog Archives

Chevron in talks to sell minority stake in Kitimat LNG project: sources

Chevron gas stationAmong the parties in talks with Chevron for a possible stake in the Canadian LNG project are Petronas, the sources said

by John Tilak, Ernest Scheyder and David French, Financial Post,

TORONTO/HOUSTON — Chevron Corp is exploring options including the sale of a minority stake in its Canadian liquefied natural gas (LNG) project as it pushes ahead, three people familiar with the matter told Reuters. Read the rest of this entry

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Canadian Indigenous leaders travel to see Ecuador environmental disaster

fontaine-ecuador

“This is how much money I made working with oil pipelines in Canada.”  Phil Fontaine, right, speaks to Indigenous leaders in Ecuador Wednesday. (Karen Hinton/Submitted)

The group hopes to ally with 60 Indigenous tribes in Ecuador to help them fight Chevron in Canadian court

By Brandi Morin, CBC News, September 27, 2017

Canadian Indigenous leaders witnessed first hand this week the devastation and pollution left behind by oil companies in Indigenous lands in Ecuador.

“What we’ve witnessed here is tragic…shocking,” said former Assembly of First Nations (AFN) leader Phil Fontaine, speaking from Quito via telephone. Read the rest of this entry

Shell says it will proceed with B.C. energy plans despite political uncertainty

Shell skullby Dan Healing, The Canadian Press, June 6, 2017

CALGARY — Royal Dutch Shell will forge ahead with its energy development plans in British Columbia regardless of the uncertainty swirling around the province’s political future, says the company’s Canadian country chair.

Energy investments in B.C. have been cast into doubt after the May 9 provincial election that saw the Liberals win 43 seats and the NDP take 41— a situation that gives the Green party the balance of power with their three seats. Read the rest of this entry

Haisla Nation in tough waiting game as LNG delayed

oct-2-2014-haisla-haisla-chief-councillor-ellis-ross-w

Haisla chief councillor Ellis Ross with a view in the background of his community and Douglas Channel in the fall of 2014. At the time, community members had jobs to pick from as preliminary work for potential LNG projects was underway and Rio Tinto was in the midst of a major upgrade project on its aluminum smelter in Kitimat. Now, Haisla members are leaving town to look for work as LNG projects are in limbo and the aluminum plant project is complete. Gordon Hoekstra / Vancouver Sun

by Gordon Hoekstra, Vancouver Sun, May 27, 2016

The Haisla Nation, which supports two of the leading proposed major LNG projects in B.C., is in a tough waiting game as the projects remain in limbo.

Activity on both the $25-billion to $40-billion Shell-led LNG Canada project and the $12-billion Chevron-led Kitimat LNG project proposed for the Kitimat area in northwest B.C., where the Haisla claim traditional territory, have slowed to a crawl. Read the rest of this entry

Setback for Kitimat LNG as Shell postpones investment decision

lng-canada-kitimat-project

This rendering of the proposed project shows two of the LNG trains. (LNG Canada/flickr)

Shell announces earnings down 44 per cent on low oil and gas prices

By Karin Larsen, CBC News, Feb 04, 2016

The huge LNG Canada export project proposed for Kitimat appears to have suffered a setback with Royal Dutch Shell announcing it will postpone its final investment decision.

The announcement comes on the heels of Shell releasing 2015 fourth-quarter results which show a 44 per cent slump in earnings due largely to the slump in oil prices. Read the rest of this entry

Shell’s B.C. LNG project gets environmental OK under expedited process

A liquefied natural gas tanker arrives at Sodegaura city in Chiba prefecture, east of Tokyo. There were conditions placed on marine routes and speeds after an environmental assessment of the LNG Canada project. (STR/AFP/Getty )

A liquefied natural gas tanker arrives at Sodegaura city in Chiba prefecture, east of Tokyo. There were conditions placed on marine routes and speeds after an environmental assessment of the LNG Canada project. (STR/AFP/Getty )

1st project to be approved under combined provincial and federal process

CBC News, June 18, 2015

Royal Dutch Shell’s proposed liquefied natural gas project in Kitimat, B.C., has received conditional environmental approvals from both the province and the federal government under an expedited environmental review process.

Under the new Canadian Environmental Assessment Act passed in 2012, British Columbia performs the environmental review process and that assessment is used by the federal government when it gives its approval. Read the rest of this entry

Chevron puts brakes on Kitimat LNG project

 Chevron gas stationCalifornia-based producer is significantly slowing spending amid a crash in crude prices and global competition

Chevron Corp. is significantly slowing spending on the Kitimat liquefied natural gas project in Canada amid a crash in crude prices and global competition.

The San Ramon, California-based producer’s move follows Petroliam Nasional Bhd.’s December delay of a final investment decision on its C$36 billion ($28 billion) Canadian LNG project and BG Group Plc’s pause of development at its Pacific Coast proposal in the country in October.

Read the rest of this entry

B.C. child welfare program offer to First Nation backfires over LNG ties

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Apache Corp., under investor pressure, exiting Kitimat LNG project

Banner at solidarity rally with Unis'tot'en camp, Vancouver 2012.

Banner at solidarity rally with Unis’tot’en camp, Vancouver 2012.

By Lauren Krugel, The Canadian Press,  July 31, 2014

CALGARY – A liquefied natural gas project planned for Kitimat, B.C., faces an uncertain future after one of its U.S. partners announced plans to get out of the LNG business.

Apache Corp. said in its second-quarter news release that it plans to ditch the Kitimat LNG project, which it was developing alongside Chevron Corp., as well as the Wheatstone LNG project in Australia.

The Houston-based company has been under pressure from activist hedge fund Jana Partners LLC to restructure.

Read the rest of this entry

TransCanada to build $1.9 billion pipeline link for Kitimat LNG project

TransCanada Corp. has announced plans to build a $1.9-billion pipeline to help deliver natural gas to an LNG project proposed by Chevron and Apache near Kitimat.  The Calgary-based company now has four major natural gas pipelines planned in the region totalling $12.6 billion in investment.

The Merrick Mainline Pipeline Project will run 260 kilometres from Dawson Creek, in ‘s resource-rich northeast, to Summit Lake, where Chevron and Apache’s Pacific Trail Pipeline begins.  Pacific Trail will deliver gas the rest of the way to the coast, where the resource will be chilled into a liquid state and exported abroad via tanker. Read the rest of this entry