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With nuclear off and coal thin, Japan hunts for LNG


A few Japanese power companies are tentatively seeking spot cargoes of liquefied natural gas (LNG), as they brace for a hot summer with low coal stocks and reduced nuclear power rates, market sources said on Friday.
But even coupled with opportunistic buying from India and China, the fresh demand seems unlikely to lift Asian spot LNG [...]

Haida agree to resource plans


 The B.C. and federal governments have come to tentative agreements with the Haida Nation on protected land and sea areas on and around the Queen Charlotte Islands, a breakthrough for an area of the province better known for lawsuits and disputes over aboriginal title.
Representatives of the Haida and the B.C. government have initialed a [...]

Deal Signed for Myanmar Oil Exploration


Two little-known foreign companies have signed a deal for offshore oil and gas exploration with the state-owned Myanmar Oil and Gas Enterprise, state-run media reported Sunday.
A report in the New Light of Myanmar newspaper identified the companies as “Rimbunan Petrogas Ltd established in British Virgins Island and UNOG Pte Ltd formed in Singapore” and said [...]

House to Vote on Senate’s Offshore Drilling Plan


The House is scheduled to vote today on a Senate plan for offshore oil and gas drilling that would open up new acreage in the Gulf of Mexico but that falls far short of an offshore drilling bill the House adopted earlier this year.
House Democratic leaders have decided not to take a position on the [...]