This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

West Texas Intermediate crude for July delivery lost 64 cents to $60.89 on the New York Merc, while Brent for July lost 65 cents to $64.09 (all figures in this para U.S.). Western Canadian Select traded at a discount of $11.70 to WTI, up from a discount of $12.80. Natural gas for June added six cents to $3.39. The TSX energy index added a fraction of a point to close at 259.14.

The budding B.C. LNG (liquefied natural gas) industry has notched a "major construction milestone" at one of the few projects that has managed to reach the construction stage. Woodfibre LNG, which is building an eponymous $5.1-billion floating LNG export terminal near Squamish, has welcomed the arrival of its first specialized LNG modules. "With modules arriving, we've hit a tremendously exciting and important phase," gushed chief executive officer Luke Schauerte in a press release. He added that Woodfibre remains focused on "working safely and efficiently to move this project forward" to its planned completion in 2027.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS