Asian LNG prices are set to continue their slide to well below the break-even point for BC exports. Leading analysts see them dropping to the $4-5/unit range over 2016-2017, chilling BC LNG hopes.
Malaysian energy giant Petronas is likely to put its planned BC LNG project on hold for years, a business publication from that country is reporting, due to soft LNG prices.
A claim by the Lax Kw'alaams First Nation on Lelu Island could sink Petronas' plans for an LNG terminal amid sensitive habitat in the Skeena Estuary.
As the cost of wind power plummets, nine US states now generate more than 10% of their electricity from wind.
Construction on Petronas' BC LNG plant could begin as soon as September, claims a Malaysian paper reporting on BC Finance Minister Mike de Jong's visit to the country.
Despite a lingering mess on the Kalamazoo River long after Enbridge's 2010 oil spill, the company got off easy in its settlement with the State of Michigan.