While one LNG project in British Columbia looks to clear a key hurdle in its path to development, another is taking construction into high gear.

Pieridae Energy Limited has announced a pair of promotions within the company at the senior leadership team level.

Pieridae Energy Limited has “transformed as a company in the past year” following the completion of a strategic review and the suspension of the Goldboro LNG project, says CEO Alfred Sorensen.

The federal government is looking to strengthen its chances of reaching its greenhouse gas emission (GHG) targets through a new program that finances emissions-reducing projects.

Producers across Canada licensed 341 wells in February 2022 — up from 323 a year ago — while once again no new wells were approved in British Columbia.

The LEAD project aims to clear roadblocks to allow entrepreneurs to utilize existing oil and gas infrastructure and sites for new development, attract investment to Alberta for these developments, include landowners and create an alternate path for aging oil and gas assets and liabilities.

Alberta’s Wednesday land sale brought $8.64 million into government coffers.

Journey Energy Inc. entered into two definitive agreements, one for the acquisition of a private company, and the other for the acquisition of plant and gathering infrastructure.

The federal government announced that in response to requests for assistance from allies to address supply shortages due to the conflict in Ukraine, Canadian industry has the capacity to incrementally increase its oil and gas exports in 2022 by up to 300,000 bbls/d (200,000 bbl/d of oil and up to 100,000 boe/d of natural gas), with the intention of displacing Russian oil and gas while not increasing global emissions.

Canada’s Ecofiscal Commission, which concluded operations in late 2019, is an example of an organization that aimed to depoliticize the carbon-pricing debate with non-partisan, academically-rigorous research and evidence, says a newly-released Positive Energy report from the University of Ottawa.

An amalgamation and acquisition in 2021 helped Kiwetinohk Energy Corp. post major gains in production both last quarter and for the year.

Keyera Corp. has agreed to issue $400 million of senior unsecured medium-term notes.

Innova Hydrogen Corp., in partnership with the University of Alberta, announced that a joint research project entitled "Decarbonizing Canada's Hydrogen Production Using Low-Cost Methane Pyrolysis Catalytic Reactors," has been approved and awarded $1.2 million in non-repayable funds by the National Sciences and Engineering Research Council (NSERC) Alliance and Mitacs Accelerate Grants Program.

The Canada Energy Regulator (CER) released full details of its $100,000 administrative monetary penalty (AMP) to Trans-Northern Pipelines Inc. (TNPI).

Petrus Resources Ltd. has filed today a rights offering circular and related notice of rights with the securities regulatory authorities in each of the provinces and territories of Canada in connection with an of rights to acquire common shares of Petrus for gross proceeds of approximately $20 million.