Blog Watching, Week ending January 24, 2016

Oil and LNG issues, as well as industrial development at Ridley Terminals once again dominated the flow of information for the week just wrapped up.

Reports on potential spending cuts from two international energy companies with proposals for Prince Rupert were delivered through the week, with both Petronas and CNOOC indicating that the current financial turmoil in the oil and gas industry is playing a role on their planning for the year ahead.

North Coast residents could see a new development on Ridley Island by 2018, with AltaGas announcing plans for a propane export shipment terminal at the industrial site.

Documents delivered to the CEAA from Natural Resources Canada and DFO provided for a fair bit of interest, as the two federal agencies provided their research onto the potential impact of development on Lelu Island.

And the School District hosted a Community Forum on Monday night at Charles Hays Secondary to provide more background and seek feedback from the community when it comes to the new BC curriculum for local schools.

However, the top item of the week returned to the LNG files, with much interest found in our notes on reports out of Malaysia that there could be large spending cuts from that country's state energy company Petronas.

Reports indicate that Petronas to Cut Spending, defer projects in response to low oil prices  -- Financial news reports out of Malaysia have the giant energy company considering some 11. 4 billion dollars in cuts to operating and capital expenditures  (posted January 19, 2016)

That article was followed by:

AltaGas selects Ridley Island for proposed propane export terminal  -- The prospect of some much desired diversification for Ridley Terminals was announced, with AltaGas selecting a portion of Ridley Island for a proposed propane terminal  (posted January 20, 2016 )

DFO, Natural Resources Canada documents to CEAA support Pacific NorthWest LNG findings on impacts on Lelu Island -- Documents related to research from two Federal agencies are delivered to the Canadian Environmental Assessment Agencies work on the Pacific NorthWEst LNG project. ( January 18, 2016)

SD 52 hosting Community Forum on New Curriculum tonight -- School District 52 provided a look at the new curriculum for area schools and began the process of consultation with the public on the delivery of it (posted  January 18, 2016 )

CNOOC also looking at spending cuts in 2016 --  A rough month for oil and gas through January has a number of international energy companies considering their plans for 2016, including CNOOC the  proponent behind the Aurora LNG project for Digby Island (posted January 20, 2016 )

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