CALGARY, Alberta, Sept 13 (Reuters) – Sasol Ltd is
a step closer to building Canada’s first multibillion-dollar
plant to convert cheap natural gas to diesel and other fuels
after the South African company signed an option on an
industrial property near Edmonton, Alberta.

Sasol, a new entrant into the Canadian energy sector, has
secured a site in Fort Saskatchewan, Alberta, drawn by the
region’s extensive infrastructure for both natural gas and
refined products, Rudi Heydenrich, president of new business
development for Sasol Canada, said on Thursday.

CALGARY, Alberta, Sept 9 (Reuters) – A few Canadian energy
companies have China to thank for pushing up their shares this
summer even as oil and gas prices languished.

Its state-owned enterprises have racked up more than C$25
billion ($25.59 billion) worth of deals in Canada in less than a
decade – the latest being CNOOC Ltd’s offer for Nexen
Inc – and some investors are handicapping the next
targets.