Three natural gas-producing sites in southern Alberta could host “up to one million” bitcoin mining machines relocated from China under a deal proposed by Nevada-based Black Rock Petroleum Company amid Beijing’s ongoing crackdown on cryptocurrency production and trading.
— Read on www.cbc.ca/news/canada/calgary/bitcoin-mining-black-rock-petroleum-company-1.6106978
Tag: Natural Gas
Traders Spot Opportunity With LNG Prices at Rock Bottom
(Bloomberg) — It’s bargain time in the liquefied natural gas market.After prices plunged to their lowest on record for this time of year, traders say buyers from Japan to India have started to snap up cargoes in anticipation of a pickup in winter demand. Procurement for the colder season is only expected
— Read on ca.finance.yahoo.com/news/traders-spot-opportunity-lng-prices-090619871.html
‘Clean’ natural gas is actually the new coal, report says: Don Pittis | CBC News
Natural gas has a reputation as the clean alternative fuel. But a newly released tally of LNG expansion, including in Canada, shows $1.3 trillion US at risk once importers reconsider the costs.
— Read on www.cbc.ca/news/business/lng-climate-investment-1.5192148