LNG Canada chief executive says it will move ‘immediately’ into construction
Construction is going ahead on a massive, $40-billion liquefied natural gas project in northern B.C., hours after five primary investors from five different countries granted their approval for the joint venture.
The LNG Canada project will see a pipeline carrying natural gas from Dawson Creek in northeastern B.C. to a new processing plant on the coast in Kitimat. There, the gas would be liquefied for overseas export. Read the rest of this entry
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
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
The Athabasca Chipewyan First Nation has launched a constitutional challenge to Royal Dutch Shell PLC’s application for approval of the proposed Jackpine oil sands mine expansion, saying neither the company nor the government has adequately consulted or accommodated its treaty rights. Read the rest of this entry