Encana
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 the perspective to feed the […]
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 evolution of the energy policy […]
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 take, through its wholly-owned subsidiary […]
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 exchanges. Created in the 1880s […]
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 the Liard Basin is among “the […]
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 LNG is owned: – 40% […]
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 coming seven years. Tsusho has […]
