Resources

The third natural gas pipeline across Northern BC, aiming at Asian markets

Analyst Commentary, Miller Chu: Natural gas consumption and production imbalance – poised for shale gas development Spectra Energy Corp. (NYSE:SE) and BC Group PLC (LSE:BG.L) are teaming up to build a new natural gas pipe line from northeastern BC to Prince Rupert aiming to export to the Asian markets including China.

New zinc-based technology in LCD and solar cells may significantly decrease cost and ease demand of indium

Analyst Commentary, Miller Chu: Researchers from the University of Oxford have devised a method to lower the manufacturing costs of thin—film solar cells and LCD displays.

Avoid natural gas players? Not those in China

Analyst Commentary, Miller Chu: China is one of the largest energy consuming nations in the world and recently began stepping up its domestic natural gas development and investments by tapping into its domestic shale gas reserves to meet the growing domestic demand and support its energy policy.

Kinder Morgan is proposing an expansion of its existing Trans Mountain pipeline system as strong oil producer demand and uncertainty of other similar pipeline projects remains strong

Analyst Commentary, Matthew Bovencamp: Continued demand for increased pipeline capacity from the Canadian oil sands to alternative destinations from Cushing Oklahoma in a bid to reduce the supply gut has prompted Kinder Morgan Energy Partners LP (NYSE: KMP) to propose an expansion of their existing pipeline from Edmonton to Vancouver.

Waste Management Inc. invests in alternative energy aimed at converting solid waste into chemicals and energy

Analyst Commentary, Matthew Bovencamp: Waste Management Inc. (WM) has invested in 8 alternative energy companies focused on converting municipal solid waste into chemicals and energy. Waste management currently has 17 waste-to-energy plants and captures methane from 131 landfill facilities.

Natural gas prices in North America continue to push lower, extending 10-year low

Analyst Commentary, Matthew Bovencamp: Natural gas inventories in the United States are approximately 59% higher than the 5-year average levels, and approximately 50% higher compared to the same time last year. The higher storage levels are primarily due to increased production, warmer weather, and low demand from the slow pace of the global economies. 

Additional pipelines planned will help close price gap for Canadian oil producers

Analyst Commentary, Matthew Bovencamp: Enbridge Inc. and Enterprise Partners LP plan to add additional pipelines as well as increase capacity and reverse the flow to the existing Seaway pipeline to ease the over capacity of crude oil in Cushing Oklahoma.

The U.S. reaffirms support for the Keystone Pipeline Project, benefiting the Canadian producers but may hurt refinery industry

Analyst Commentary, Miller Chu: As many of you probably noticed at the pump, gasoline prices have been increasing steadily over the past year. The rising gasoline price gave the Republicans an opportunity to criticize President Obama for his denial of a permit request in January 2012 for a key leg in the Keystone XL pipeline.

Energy tight Japan looking to Canada for resources, particularly liquid natural gas (LNG)

Analyst Commentary, Miller Chu: With the last two of the 54 nuclear power plants scheduled to be removed from power generating service next month, Japan is left with a likely power shortage this coming summer season when the demand peaks.

Molycorp acquires Neo Material Technologies for $1.3 billion in the rare-earth sub-sector

News Summary: Molycorp's $1.3 billion acquisition of Neo Material Technologies could revolutionize the rare-earth trade, analysts said. Combining the firms would create a one-stop shop for rare-earth elements, with control from the mine to the factory floor.