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Natural Gas Innovation Fund signs on seven leading natural gas producers

The Natural Gas Innovation Fund (NGIF) has made three major announcements: seven Canadian natural gas producers have joined the fund to advance cleantech innovation and improve environmental performance and greenhouse gas (GHG) emission reduction in Canada's natural gas energy system; a $3 million funding call is opening for cleantech solutions for the development and production of natural gas; and a Federal/Provincial Government and Industry collaboration on GHG emission reduction in natural gas energy across Canada is being launched.

Petronas pulls plug on Pacific Northwest LNG

One of British Columbia's flagship liquefied natural gas projects has been cancelled. Pacific Northwest LNG, the $36 billion project set just outside Prince Rupert on the B.C. North Coast, will not proceed, the company stated in a press release Tuesday, July 25. According to the announcement, the Petronas-backed project - approved by the federal government last fall - was spiked after a review conducted because of market condition changes.

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