U.S. exporting Canadian natural gas as global LNG demand surges
Outlook shows strong case for Canadian LNG projects Canadian natural gas is finding its way to global customers desperate for more LNG, but it’s not because of any export project on Canada’s coasts. Instead, the supply is taking off on ocean tankers as part of the...
Gas pipeline shutdown starts amid German suspicion of Russia
A major gas pipeline from Russia to western Europe shut down for annual maintenance on Monday as Germany prepared to give the green light for 10 coal-fired power plants to restart amid concerns that Russia may not resume the flow of gas as scheduled.
The Nord Stream 1 pipeline runs under the Baltic Sea from Russia to Germany and is the latter’s main source of Russian gas. Gas is usually sent onward to other countries as well. It is scheduled to be out of action until July 21 for routine work that the operator says includes “testing of mechanical elements and automation systems.” The operator’s data showed the gas flow dropping as planned on Monday morning.
Suncor cancels investor update in wake of CEO’s resignation
CALGARY — Suncor Energy Inc. has cancelled its planned investor update about oilsands operations and safety in the wake of last week’s resignation of chief executive Mark Little.
The Calgary-based energy giant had scheduled the update, which was to take place Wednesday, months ago in response to investor concerns about operational performance and workplace safety. The company had pledged to provide an update on what it’s doing to improve safety and operations at its oilsands facilities.
State Dept. backs up Canada’s decision to return Nord Stream 1 turbines to Germany
The federal government has found a powerful supporter for its decision to allow a natural gas pipeline between Russia and Europe to resume operations.
The U.S. State Department says it backs Canada’s decision to send repaired turbine equipment vital to the Nord Stream 1 pipeline back to Germany.
Six things to watch during Biden’s trip to the Middle East
By Chris Megerian in Washington WASHINGTON (AP) — President Joe Biden will confront a kaleidoscope of challenges when he travels to the Middle East this week, his first trip there since taking office. With the American wars in Iraq and Afghanistan in the...
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