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.
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Petronas-Progress Combo to Deliver Canadian Shale Gas to the World
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.
Canadian-Malaysian LNG Connection Tightened with C$5.5 Billion Deal
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.
Limited Resources Stymie BOEM Permitting, Says Chevron CEO
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.
Chevron’s Watson Says Limited Resources Stymie BOEM Permitting
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.
Coral CEO Touts Top-Notch Staff in Avista Energy Deal
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.
Coral CEO Touts Top-Notch Staff in Avista Energy Deal
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.