Kitimat go-ahead gives Canadian LNG welcome respite
After years of missteps and doubt, Shell is finally to move ahead with the Kitimat LNG project
The supermajor announced the final investment decision for the C$40bn ($30.1bn) liquefied natural gas venture on Canada's west coast on 1 October. The green light was given after much handwringing from governments, investment bankers and indigenous groups over the economic and environmental merits of the plan. It'll be the largest private-sector infrastructure project in Canada's history when it comes into service after 2023. Shell holds a 40% stake in the LNG Canada project, in partnership with a consortium of state-owned heavyweights, including Mitsubishi, Kogas and Petronas. All have signed production joint ventures with domestic upstream producers and each party will be responsible for s
Also in this section
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
