Calgary-based Keyera Corp. is moving ahead with a plan to close and dismantle four central Alberta gas processing plants over the next two years.

The report says the increase in natural gas is driven largely by the North American fracking boom, which changed the industry about 11 years ago.

Malaysian-owned Petronas, which has a 25 per cent interest in the $40-billion LNG Canada project, has been curtailing production by between 50 and 200 million cubic feet per day from wells in northeastern B.C.

The cold snap that continues to blanket many parts of North America is driving short-term natural gas prices higher but the trend is unlikely to significantly affect either Canadian consumer bills or producer profits, experts say.

Ontario's cap-and-trade system to fight climate change comes into effect Jan. 1, 2017.

Mergers and acquisitions experts are predicting fewer Canadian oil and gas companies will go bust over the next year as most of the "troubled children" of the industry have already failed or been sold.

Natural gas prices are climbing sharply, and taking heating bills across Canada with them.