Abilities

Malaysian national oil company Petronas plans to combine its liquefied natural gas (LNG) expertise with the unconventional resources abilities of Calgary-based Progress Energy Resources Corp. by acquiring Progress in a deal worth C$5.5 billion including debt. The combined enterprise would deliver Canadian natural gas to world markets.

Malaysian national oil company Petronas plans to combine its liquefied natural gas (LNG) expertise with the unconventional resources abilities of Calgary-based Progress Energy Resources Corp. by acquiring Progress in a deal worth C$5.5 billion including debt. The combined enterprise would deliver Canadian natural gas to world markets.

It’s not, in fact, animosity toward the oil and gas industry but rather limited staff and resources that are hindering federal officials’ abilities to fast-track deepwater drilling projects, Chevron Corp. CEO John Watson said last week.

It’s not, in fact, animosity toward the oil and gas industry but rather limited staff and resources that are hindering federal officials’ abilities to fast-track deepwater drilling projects, Chevron Corp. CEO John Watson said Wednesday.

Houston-based Coral Energy Holding LP, one of the top natural gas marketers in North America, bulked up its marketing abilities in the Pacific Northwest and in Western Canada after completing its purchase of Spokane, WA-based Avista Energy Inc., the energy merchant arm of Avista Corp.

Houston-based Coral Energy Holding LP, one of the top natural gas marketers in North America, bulked up its marketing abilities in the Pacific Northwest and in Western Canada after completing its purchase of Spokane, WA-based Avista Energy Inc., the energy merchant arm of Avista Corp.