Category : Search result: LNG economic impact

South Korea's Coal Phase-Out Pledge Collides with U.S. LNG Push

S. Korea's Climate Pledge Clashes with U.S. LNG Push

South Korea's commitment to phase out coal and slash emissions faces a diplomatic challenge as the United States pressures allies to buy more liquefied natural gas. The conflict highlights the complex geopolitics of global energy transitions.

U.S. Economy Surges with 4.3% GDP Growth, Fastest Pace in Two Years

U.S. GDP grows 4.3%, fastest pace in two years

The U.S. economy expanded at a 4.3% annualized rate in Q3 2025, its fastest growth in two years. Economists remain optimistic for 2026 despite current headwinds. Read the full analysis.

Federal Government Awards $1M to Leduc Oilfield Manufacturer to Offset Tariffs

Feds give $1M to Leduc oilfield tool manufacturer

The federal government has granted $1 million to a Leduc, Alberta, oilfield tool manufacturer through a program designed to mitigate the impact of tariffs. This investment aims to bolster the local energy sector and protect jobs.

Unusual Sea Level Shifts Off Japan's Coast Linked to Changing Ocean Current

Japan's Coast Sees Weird Sea Level Changes

A major ocean current shift near Japan is causing unprecedented sea level changes. Scientists link the phenomenon to broader climate patterns affecting marine ecosystems.

Ottawa's LNG Shift Boosts Two Major Projects, But No Boom Expected

Canada's LNG Outlook Improves for Two Key Projects

The federal government's new supportive stance on LNG is improving prospects for Shell's LNG Canada Phase 2 and Ksi Lisims LNG, attracting international attention. However, experts caution a major investment wave is unlikely due to Canada's high costs and

London, Ontario Assesses Local Impact of Trade War Shifts

London's Response to Trade War Impacts

London, Ontario officials and businesses are evaluating the local consequences of international trade tensions. Discover how the city is responding to economic shifts.

LNG Canada's Train 2 Unit Remains Offline Nearly a Month After Start-Up

Shell-led LNG Canada's second processing unit down

Shell-led LNG Canada's second processing unit, Train 2, is still offline nearly a month after its initial start-up, according to Reuters sources. Get the latest on this major energy project.

Winnipeg Councillors Propose Compensation for Small Businesses Hit by Construction

Winnipeg may pay small businesses for construction losses

Two Winnipeg city councillors are pushing a motion to consider financial compensation for local small businesses suffering losses due to disruptive road construction projects. Learn about the proposal and its potential impact.

Delta Air Lines Loses $200 Million During Record U.S. Shutdown

Delta Air Lines lost $200M in U.S. shutdown

The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.

Algoma Steel CEO Blames Trump Tariffs for 1,000 Layoffs in Northern Ontario

Algoma Steel lays off 1,000, cites U.S. tariffs

Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.

Algoma Steel Issues 1,000 Layoff Notices in Northern Ontario

Algoma Steel to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

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