Cavvy Energy Ltd. (formerly Pieridae Energy)
About
Cavvy Energy, formerly named Pieridae, is a majority Canadian owned corporation based in Calgary, Alberta focused on the development of upstream and midstream activities.
Editor's note: Updated May 12, 2025.
Transactions
Pieridae Energy To Buy Shell Canada Foothills Assets
Pieridae Energy To Buy Shell Canada Foothills Assets
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News
Canada’s Pieridae Changes Name to Cavvy on Upstream, Midstream Focus
Cavvy Energy said its common shares will begin trading on the Toronto Stock Exchange under the ticker “CVVY” when markets open May 13.
Canada in Talks to Accelerate Construction of LNG Export Terminals
Ottawa has held talks with European countries about ways to boost energy exports to the continent. However, Canada does not have any East Coast LNG facilities and only one under construction on its west coast.
KBR No Longer Interested in Goldboro LNG Facility Contract
Pieridae Energy Ltd. has received written notice on July 13 from Kellogg Brown & Root Ltd. (KBR) that KBR is no longer prepared to negotiate and conclude a lump-sum turnkey engineering, procurement, construction and commissioning (EPCC) contract in relation to the proposed Goldboro LNG Facility.
Canadian E.Coast LNG Export Plans Progress With Pieridae's Shell Deal
The Canadian LNG industry has been slower than its U.S. counterpart to take advantage of soaring gas demand around the world and build export plants, in part due to securing feedstock supplies for the terminals.