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Global gas glut threatens future LNG exporters...like Canada

Global gas glut threatens future LNG exporters…like Canada

Major LNG exporters like Qatar are driving a global gas glut that undermines the business case of proposed LNG developments in places like Canada.


Keystone XL bill narrowly fails in Senate

Keystone XL bill narrowly fails in Senate

The Keystone XL pipeline bill narrowly went down to defeat in the US Senate today.


Bloomberg- Russia-China gas deals spell big trouble for Canadian LNG

Bloomberg: Russia-China gas deals spell big trouble for Canadian LNG

Massive gas deals between Russia and China mean only 1 in 20 proposed LNG projects are expected to be built by 2020 - with Canada especially vulnerable, says business news leader Bloomberg.



BC LNG takes another hit as UK gas giant BG Group gets cold feet

UK gas giant BG Group is latest in a series of companies to get cold feet on the BC LNG industry, delaying its investment decision this week.


Bank of England's Carney- Most fossil fuel reserves shouldn't be burned

Bank of England’s Mark Carney: Most fossil fuel reserves shouldn’t be burned

Even Bank of England Governor Mark Carney is now saying most of the world's fossil fuel reserves must remain in the ground to mitigate the effects of climate change.


EU dropping “dirty” label for Alberta bitumen

After years of intense lobbying fromt he Harper government, the EU is dropping "highly polluting" label for Alberta bitumen - paving the way for increased imports.