Nelson Bennett on Muck Rack

Nelson Bennett

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Vancouver
As seen in: Resource Works, South China Morning Post, Vancouver Sun, Andscape, Mining, The Province, Vancouver is Awesome, Times Colonist, Castanet News, Business in Vancouver (BIV), North Shore News and
BIV News resources reporter. I cover energy, mining, forestry and fisheries.

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Shell’s $22B ARC deal fuels B.C.'s LNG ambitions

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By Nelson Bennett 
| Times Colonist
When Shell plc(NYSE:SHEL) announced a $22 billion play for ARC Resources (TSX:ARX) last month, it was widely hailed as the clincher for a Phase 2 expansion to LNG Canada. And while Shell CEO Wael Sawan confirmed the acquisition of the Montney-focused natural gas producer would indeed provide “upside” to the LNG side of its business, the real prize in the acquisition isn’t natural gas, but natural gas liquid—i.e. condensate.
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‘The risk premium is real’

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By Nelson Bennett 
| Resource Works
Reporters covering this morning’s press conference on a new 20-year offtake agreement between Ksi Lisims LNG and Germany’s SEFE might have wondered what the big deal was, especially given that it had been leaked the day before. As Bloomberg reported yesterday, Germany’s SEFE (Securing Energy for Europe) has signed a 20-year offtake agreement with Ksi Lisims LNG for one million tonnes annually. Delivery to begin in the early 2030s. That’s just 8% of Ksi Lisims’ nameplate capacity of 12 MTPA.
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Team Canada wants team players

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By Nelson Bennett 
| Resource Works
As Canada embarks on a nation-building exercise akin to China’s Belt and Road Initiative, there will be plenty of naysayers and NIMBYs arguing why something can’t or shouldn’t be built. Prime Minister Mark Carney doesn’t want to hear from them. “We don’t want to hear what people are against — we want to hear what they’re for,” Carney told roughly 700 business leaders at a Greater Vancouver Board of Trade (GVBOT) breakfast meeting Wednesday, to applause.
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