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Petronas to acquire 25 percent of LNG Canada

Petronas to acquire 25 percent of LNG Canada

Shell Canada Energy, PetroChina Kitimat LNG Partnership, Diamond LNG Canada Ltd. and Kogas Canada LNG Ltd. announced that Petroliam Nasional Berhad ("PETRONAS") will take an equity position in LNG Canada, located in Kitimat, British Columbia on the west coast of Canada, through its wholly owned entity the North Montney LNG Limited Partnership ("NMLLP"), subject to regulatory approvals and closing conditions.

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Shell sees potential LNG supply shortage as global demand surges

LNG Canada has plans to build a terminal in Kitimat, BC, a project that could be worth $40 billion in total. – Flickr / Sam Beebe, used under Creative Commons license https://creativecommons.org/licenses/by/2.0/

The world's liquefied natural gas (LNG) market is showing signs of growth over the next few years, according to a new report by Shell that is fueling optimism for British Columbia's stalled LNG production opportunities.

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Methane detector pilot launched at Shell shale gas site

Methane detector pilot launched at Shell shale gas site

Shell has launched a methane detector pilot at one of its shale gas sites near Rocky Mountain House in Alberta, Canada. The pilot test is part of a wider multi-stakeholder initiative called the Methane Detectors Challenge, a partnership between Environmental Defense Fund (EDF), oil and gas companies, US government agencies and technology developers to test next generation methane detection technologies. The initiative aims to enable better early detection and repair of methane leaks, and ultimately reduce emissions. While detection technologies and processes are already in place across the oil and gas industry, more technical innovation is desired. 

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Shell to divest oil sands interests

Shell to divest oil sands interests

Royal Dutch Shell plc has signed two agreements that will see Shell sell all its in-situ and undeveloped oil sands interests in Canada while also reducing its share in the Athabasca Oil Sands Project (AOSP) from 60 to 10 percent. The company will remain as operator of AOSP’s Scotford upgrader and Quest carbon capture and storage (CCS) project. 

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Scotford Refinery project increases hydrocracker production capacity 20 percent

Scotford Refinery project increases hydrocracker production capacity 20 percent

Shell has successfully completed a major growth project at its Scotford Refinery near Edmonton, Alberta that will increase hydrocracker production capacity by 20 percent. The project was completed through the debottlenecking of the hydrocracker, a core refining unit for making transportation fuels, such as diesel and jet fuel. The debottlenecking process replaces vessels, compressors and feed pumps to allow a greater volume of heavy crude oil to be processed.

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