• Sign up for the Daily Digest E-mail
  • Facebook
  • Twitter
  • LinkedIn
Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

New natural gas producer members back $3-million gas clean tech program

December 19, 20184:01 PM The Canadian Press0 Comments

CALGARY – An industry-sponsored fund designed to help develop clean technology using Canadian natural gas is launching a $3-million call for project proposals.

The Natural Gas Innovation Fund says the call for applications, with a February deadline, is being made possible by the addition of seven western Canadian natural gas producers to a membership previously made up of six natural gas utilities.

The new members include the Canadian branches of two partners in the proposed $40-billion West Coast LNG Canada project: Royal Dutch Shell and Petronas; along with Canada’s largest natural gas producer, Calgary-based Canadian Natural Resources Ltd.

Fund managing director John Adams says the new program will target projects in the upstream or producing part of the industry, making up to $1 million available per project to cover as much as 25 per cent of its eligible expenses.

Adams says the fund, created by the Canadian Gas Association, has over the past two years issued about $9 million to projects focused on energy efficiency.

The fund is also announcing a partnership with federal, Alberta and British Columbia governments to collaborate and consider co-funding successful applicants with projects that deliver significant greenhouse gas emission reductions.

The upstream fund members were introduced at an event at the Calgary Petroleum Club on Wednesday.

“As a producer of natural gas, we’re big believers in the need for affordable, clean energy for all people worldwide,” said CEO Mark Fitzgerald of Petronas Energy Canada Ltd. in a statement.

“In an age where technology has become the catalyst for exponential advancements in our industry, we’re excited to be involved in the Natural Gas Innovation Fund which pursues diversity of thought and provides a platform for sharing solutions.”

Companies in this article: (TSX:CNQ)

Canadian Natural Resources LNG Petronas Royal Dutch Shell

Follow the BOE Report
  • Facebook
  • Twitter
  • LinkedIn
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • Enerplus Announces $115 Million Bought Deal Offering of Common Shares
  • Enerplus agrees to acquire Williston Basin operator, enhancing value for shareholders and accelerating free cash flow generation; provides preliminary 2020 results and 2021 guidance
  • Gibson Energy confirms 2020 fourth quarter and year-end earnings release date and provides conference call & webcast details
  • Canadian crude-by-rail exports surge 87% to 170,000 barrels per day in November
  • You’re invited to attend CAODC’s Virtual Town Hall with Saskatchewan Minister of Energy and Resources, the Honourable Bronwyn Eyre

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView





    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    Resources
    • App
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contribute
    • Contact
    • Report Error
    Featured In
    • CamTrader
    • Rigger Talk
    Data Partner
    • Foxterra
    BOE Network
    © 2021 Grobes Media Inc.