Highlights
TMX Toll Talks Could Extend Into The First Half Of 2025: Cenovus
The ongoing dispute between Trans Mountain Corporation and shippers over tolls on the expanded system likely won’t get resolved until Q1 2025 at the earliest, says a high-ranking Cenovus Energy Inc. official.
Natural gas/LNG Rapidly Growing Power Demand From Tech Sector Poised To Set Off Natural Gas Boom
U.S. utilities are forecasting rapidly increasing power demand from new data centres being constructed to drive AI applications, and operators along the natural gas value-chain believe much of this power demand will be met by gas-fired generation, setting off a boom equal to or larger than the recent LNG export frenzy.
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Low Carbon Solutions Chevron Leveraging Smaller Start-Up Innovation With Continued Major Investment
Chevron Corporation’s move into low-carbon venture investment has been “very positive,” according to its chief executive officer, while discussing the company’s third and largest fund yet.