By Jasmine Wang, Stephen Stapczynski and Aibing Guo (Bloomberg) -- Two of Royal Dutch Shell Plc’s Asian partners in a liquefied natural gas venture in western Canada approved their share of the investment, pushing the multibillion-dollar development one step closer to a final approval. The board of PetroChina Co., the nation’s largest oil and gas company, approved its $3.46 … [Read more...]
Flurry of Activity Raises Optimism that $30 Billion LNG Canada Project Will Be Greenlit
By Natalie Obiko Pearson (Bloomberg) -- A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a C$40 billion ($30 billion) liquefied natural gas terminal that could at last unlock energy exports to Asia. The action is unmistakable in … [Read more...]