Petroliam Nasional Bhd., Malaysia’s state oil company, will sign an agreement to sell 10 percent of its liquefied natural gas project in Canada to an Indian company on March 7, its chief executive officer said.
India may become a “huge market” for Canadian producers avoiding a North American glut of light oil after a pipeline is built to the Atlantic Coast from Alberta, said Husky Energy Inc. Chief Executive Officer Asim Ghosh.
Back in the spring of 2012, while walking in the deep woods of northern Ontario, Sonny Gagnon stumbled across a collection of surveying equipment among the towering spruce trees. Gagnon is chief of the Aroland aboriginal tribe, a band of 450 people living in a village of ramshackle houses surrounded by swampy muskeg. He tracks everything that goes on in his community. And the surveying tools weren’t supposed to be there.
TransCanada Corp. says it’s working with Manitoba Hydro to restore regular natural gas service to nine communities in the central Canadian province after an explosion on one of its pipelines forced a shutdown on the line.