January 25, 2017

From Reuters: Australia’s over $35 billion Ichthys liquefied natural gas (LNG) export project has been dealt a blow as engineering firm CIMIC, involved in building the facility’s power station, announced on Wednesday it was pulling the plug. “CIMIC Group advises that the … consortium (building the power station) … has terminated its contract with JKC Australia LNG Pty Ltd for

From Interfax Global Energy: China is continuing to inch forward with reforms to its struggling onshore upstream sector, with preparations under way for a second open tender of exploration licences in the country’s remote far west. China’s three state oil majors have agreed to relinquish around 30 oil and gas blocks in resource-rich Xinjiang spanning a total area the size

From CBC: Premier Rachel Notley is pleased with approval of the Keystone XL pipeline but says the province will keep a close watch for the possible renegotiation of the project’s terms by the new U.S. administration. On Tuesday, U.S. President Donald Trump signed two executive orders allowing the construction of the Keystone XL and Dakota Access pipelines. After signing the order,