Friday, July 17, 2026

Chevron and ENN Sign Gorgon LNG Agreement

Agreement to supply 0.5 million metric tons annually for 10 years from the Gorgon Project Chevron Corporation (CVX) today announced that its Australian subsidiaries have signed a non-binding Heads of Agreement (HoA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from the Chevron-operated Gorgon natural gas project in Australia. When the

Canada’s NGLs Imports Could Exceed Exports for First Time in 25 Years

From Alaska Highway News (Canada) The value of natural gas liquids (NGLs) imports could exceed the value of exports in 2015, something that has not happened in at least 25 years, according the National Energy Board. The NEB cites Statistics Canada data that shows Canada’s trade balance in NGLs has been on a downward trend for more than a decade.

Canadian E&P

US$4.5 Billion Deal Reached: Suncor to Acquire Canadian Oil Sands

SU, COS Come to Terms on Sweetened Offer After months of posturing and wrestling for shareholder approval, the boards of Suncor (ticker: SU) and Canadian Oil Sands (ticker: COS) have reached a merger agreement. The joint announcement, released on January 18, 2015, includes a sweetened transaction value of CN$6.6 billion (about US$4.5 billion) for COS, inclusive of an estimated CN$2.4