Gas – Natural gas investors applauded a move by energy giant Chevron to buy a stake in, and operate, a proposed liquid natural gas project on Canada’s British Columbia coast.
Articles Tagged "Kitimat"
Gas – The Globe and Mail reported that Chevron Corp. (NYSE:CVX) has agreed to take 50-percent ownership of Kitimat LNG by buying the minority positions held by Encana Corp. (TSX:ECA,NYSE:ECA) and EOG Resources Inc. (NYSE:EOG). The move places Chevron at the helm of the project and brings it closer to becoming a reality.
Oil – Newspaper owner David Black's surprise announcement that his new company, Kitimat Clean, wants to build an oil refinery in Kitimat, British Columbia has raised a few eyebrows in the industry.