Posts Tagged ‘Encana’

TransCanada inks deal with Chevron-Apache on Kitimat LNG project

TransCanada Merrick Mainline Pipeline to feed Kitimat The super major company Chevron Corporation (Chevron) and the independent Apache Corporation (Apache) signed an agreement with the Calgary-based midstream company TransCanada Corporation (TransCanada) through its wholly-owned subsidiary Nova Gas Transmission Limited (NGTL) for the construction of the Merrick Mainline Pipeline project in […]

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One Day – One Country: Canada

Canada Key Projects and Business Highlights  The projects and acquisitions announced on first half 2013 by the international oil companies (IOCs) such as Apache, BG Group (BG) , Chevron, ExxonMobil, Idemitsu, Shell or TransCanada, and by national oil companies (NOCs) such as China National Petroleum Company (CNPC or PetroChina) or Petronas confirm the strategic […]

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PetroChina to increase stake in Canada shale gas

CNPC to take $2.2 billion stake in Encana Duvernay The China National Petroleum Company (CNPC or PetroChina) speeds up acquisitions of interests in Canada with the $2.2 billion offered to the local Encana for stake in the Duvernay oil sand project. According to the deal reached between the parties, PetroChina will […]

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Encana in brief

Leading North American energy producer Born in 2002 in Calgary, Alberta, from the merger between PanCanadian Energy Corporation (PanCanadian Energy) and Alberta Energy Company Ltd (Alberta Energy), Encana is operating in oil and gas exploration and production in North America. Headquartered in Calgary, Encana is listed in Toronto and New York Stock […]

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BC Liard Basin may justify Apache to double Kitimat LNG

Liard Basin tops best shale gas fields in North America The Houston, Texas-based, Apache Corporation (Apache) announced the shale gas Liard Basin in British Columbia (BC), Canada, to contain 48 trillion cf of marketable natural gas. In addition the tests performed by Apache through three wells have reported that the shale gas of […]

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KITIMAT LNG to pioneer Canadian LNG Export to Asia

Apache, EOG and Encana lead British Columbia gas development for export The Kitimat LNG project started in 2006 with the signature of a partnership agreement with the Haisla First Nations It took a decisive step forward in 2010 when Apache purchased a majority interest in the proposed project. Today Kitimat […]

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Toyota Tsusho invests $600 million in Encana’s CBM

Tsusho takes 32.5% of Encana’s Coalbed Methane Toyota Tsusho Corporation (Tsusho) has reached an agreement with Encana Corporation (Encana), Canada‘s largest natural gas producer, to acquire a 32.5% interest in a coalbed methane (CBM) project. Tsusho will pay C$602 million to acquire the interest and in capital expenditure over the […]

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