• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 5 hours Bad news for e-cars keeps coming
  • 9 hours How Far Have We Really Gotten With Alternative Energy
  • 13 days What fool thought this was a good idea...
  • 2 days The U.S. Is Determined to Revolutionize Its Microchip Industry
  • 11 days A question...
The War for Profitability Within the Wind Industry

The War for Profitability Within the Wind Industry

Major wind energy companies are…

Exxon Suspends Canadian WCC LNG Project

ExxonMobil has withdrawn its Canadian liquefied natural gas (LNG) export project WCC from an environmental impact review, effectively meaning that the plan has been shelved.  

The WCC LNG project, led by Exxon and also participated by Imperial Oil Resources Ltd, withdraws from the Environmental Assessment process in British Columbia, the WCC LNG website says in a notice, adding that the website will be available until the end of 2018.

The project, which has been reviewed in Canada since 2015, proposed the development and operation of the WCC LNG Project in Tuck Inlet, within the city limits of Prince Rupert. The proposed Project was to include production, storage, transfer, and loading of LNG onto LNG vessels for marine transportation to international markets.

“After careful review, ExxonMobil and Imperial (Oil Resources Limited) have withdrawn the WCC LNG project from the environmental assessment process,” a spokewoman told Reuters in an emailed comment on Thursday.

“We remain committed to our Canada operations and to ensuring the safe and reliable delivery of oil and gas to our customers,” she added.

“At WCC LNG Project Ltd.’s request, the proposed WCC LNG project has been withdrawn from the environmental assessment process,” BC’s Environmental Assessment Office (EAO) said.

Related: Dark Horse In Battery Tech Could Beat Tesla

Nathan Braun, Executive Project Director at the EAO, wrote in a letter to WCC LNG Project Ltd Vice President Scott Pinhey:

“The Environmental Assessment Office (EAO) has granted the request and the WCC LNG Project has been formally withdrawn from the environmental assessment process under the British Columbia Environmental Assessment Act. If you later decide to pursue the WCC LNG Project again, you will be required to start the process over with the submission of a new project description and associated fees. In that case, the EAO may work with you to determine what work, already completed under the withdrawn EA, is still relevant and could be carried over to the new EA.”


This year Canada finally got its first LNG export project after the five companies behind the US$30 billion (C$40 billion) LNG Canada made a final investment decision to proceed with the project in early October.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News