Pembina CEO sees enough demand for Cedar LNG expansion

Pembina CEO sees enough demand for Cedar LNG expansion

Burrows revealed this during Pembina’s first-quarter earnings call on May 9. In June 2024, Pembina and the Haisla Nation took the final investment decision on the $4 billion LNG project, which is expected to be in service in late 2028. The Haisla Nation has a 50.1 percent stake and Pembina owns 49.9 percent in the project which includes the construction of a floating LNG facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa), …

Woodside turns up the heat – LNG expansion, strategic partnerships, and hydrogen future

Woodside Energy Group Ltd (ASX: WDS) (formerly Woodside Petroleum Ltd) is Australia’s largest independent dedicated oil and gas exploration and production company. With its share price down 46 per cent since September 2023, it might pay investors to understand the transformation occurring at the company and the reason it is now a three per cent position in The Montgomery Fund and a 2.3 per cent position in The Montgomery [Private] Fund. While Wo…

The Oil Fund excludes two companies The German coal company RWE AG was excluded from the Oil Fund's investments in May 2020 due to new requirements from the government for the fund's investments in coal companies, and that the company was responsible for more than 20 million tons of coal extraction each year. The company is now being placed on observation, after the company has committed to phasing out coal in Germany by 2030. – We assess that …

The board of Norges Bank has asked the oil fund to exit two companies, while allowing them to invest again in the German coal company RWE AG.

The Executive Board of Norges Bank has banned the Israeli company Paz Retail and Energy Ltd.