Oil and gas

BC LNG Gets 20-Year Licence To Export LNG to Asia

The National Energy Board (NEB) approved an application by BC LNG Export Co-operative LLC (BC LNG) for a licence to export liquefied natural gas (LNG) from Kitimat, British Columbia primarily to As

Information summarized from:  National Energy Board

ProSep Awarded Gas Treatment Contract Valued at C$3 Million

Montreal-based ProSep Inc., a process solutions provider to the oil and gas industry, announced that its majority owned South Korean joint venture company, ProSep Kolon Company Ltd., was awarded a

Information summarized from:  ProSep Inc. Press Release

Ivanhoe Energy's Sells Zitong Interest to Royal Dutch Shell Subsidiary for US$160 million

Ivanhoe Energy Inc., a heavy oil development and production company headquartered in Calgary, announced that its wholly-owned subsidiary, Sunwing Zitong Energy (SZE), has signed a binding memorandu

Information summarized from:  Invanhoe Energy Press Release

Niko Resources Signs Two Production Sharing Contracts in Indonesia

Calgary-based Niko Resources Ltd. has been awarded two new production sharing contracts in Indonesia.

Information summarized from:  Niko Resources Ltd. Press Release

Nexen Concludes Joint Venture with China’s CNOOC in Gulf of Mexico

Nexen Inc., a Calgary-based energy exploration and production company, announced that it has concluded a joint venture with China’s CNOOC Limited, a producer of offshore crude oil and natural gas,

Information summarized from:  Nexen Inc. Press Release

Japan’s INPEX Corp. Acquires 40% Interest in Nexen’s Shale Gas Projects

Calgary-based Nexen Inc.

Information summarized from:  INPEX Corporation Press Release

Stealth Ventures to Acquire Oil and Gas Company in India

Stealth Ventures Ltd., a junior oil and gas development company based in Calgary, has signed a binding agreement to acquire a private company with working interests in producing oil and gas, assets

Information summarized from:  Canada Stockwatch

China's CNOOC Closes Acquisition of OPTI Canada

Calgary-based oil sands company, OPTI Canada Inc., announced that its acquisition by CNOOC Luxembourg S.à r.l, an indirect wholly-owned subsidiary of China-based CNOOC Limited, has been completed.

Information summarized from:  OPTI Canada Inc.

Husky Energy Sanctions Liwan Gas Project in South China Sea

Calgary-based Husky Energy Inc. has sanctioned the development of two gas fields in the South China Sea.

Information summarized from:  Husky Energy Inc. Press Release

Lessons from the Failed Encana-PetroChina Deal

Xu Xiaojie, Head of Institute of World Economics & Politics’ International Energy Program, China Academy of Social Sciences in Beijing, discusses the failed Encana-PetroChina Deal and how China an

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