Common Sense Canadian

Asian LNG prices set to tumble further

Asian LNG prices set to tumble further to $4-5/unit – far below break-even point for BC gas

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.

Petronas likely to put BC LNG project on hold, says Malaysian business paper

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.

Lax Kw’alaams claim on Lelu Island could sink Petronas’ LNG project

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.

Wind power cost plummets to all-time low as capacity grows

As the cost of wind power plummets, nine US states now generate more than 10% of their electricity from wind.

Malaysian paper claims Petronas ready for Sept. construction start on BC LNG plant

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.

Enbridge let off the hook in paltry Kalamazoo oil spill settlement

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.