Petronas Progress

No Shortage Of Money To Pour Into Oilsands: Oliver

CP | Heather Scoffield and Stephanie Levitz, The Canadian Press | Posted 02.09.2013 | Canada Business

OTTAWA - Prime Minister Stephen Harper may have been talking specifically about the oilsands when he shut the door to foreign state-controlled takeove...

Foreign State-Owned Companies Will Keep Coming: Experts

CP | Lauren Krugel, The Canadian Press | Posted 02.06.2013 | Canada Business

CALGARY - Foreign capital will continue to flow into Canada's resource sector, despite Prime Minister Stephen Harper's vow to raise the bar on the lev...

Harper Government Greenlights Malaysian Takeover Of Energy Firm

The Huffington Post Canada | Posted 12.07.2012 | Canada Business

Industry Canada has approved the takeover of Alberta-based Progress Energy Resources by Malaysian fuel giant Petronas. The government announced the...

What Are The Tories About To Announce, Late On A Friday Afternoon?

CP | Stephanie Levitz and Craig Wong, The Canadian Press | Posted 02.06.2013 | Canada

OTTAWA - Prime Minister Stephen Harper ended months of market uncertainty by approving the foreign takeovers of Calgary-based Nexen Inc. and Progress ...

Canadians More Protectionist Than Americans: Poll

The Huffington Post Canada | Posted 11.21.2012 | Canada Business

Canadians have more of a protectionist streak than their American counterparts, suggests a new Abacus data poll that looks at foreign investment in th...

Malaysian Energy Giant Takes Another Stab At Canada's Oil Patch

CP | The Canadian Press | Posted 01.20.2013 | Canada Business

CALGARY - The Malaysian state-owned oil company trying to buy Progress Energy Resources Corp. (TSX:PRQ) has made a new proposal to Ottawa in hopes of ...

If Canada Blocks Your Takeover, Try, Try Again

Reuters | Posted 11.16.2012 | Canada Business

Malaysian state oil company Petroliam Nasional Berhad has submitted a modified bid for Canada's Progress Energy Resources, a Petronas source with know...

Progress Shares Plummet After Feds Nix Deal

CP | Lauren Krugel, The Canadian Press | Posted 12.22.2012 | Canada Business

CALGARY - Progress Energy Resources and the Malaysian state-owned company that wants to buy it were looking to salvage their $6-billion deal on Monday...

Feds' 'Lack Of Transparency Is Starting To Reach New Heights'

CBC | Posted 12.21.2012 | Canada Politics

NDP critics Peter Julian and Hélène Leblanc added their voices Monday to those objecting to the Harper government's "secretive handling" of foreign ...

Progress Is Not Impressed With Petronas Deal Rejection

CP | The Canadian Press | Posted 12.20.2012 | Canada Business

CALGARY - Natural gas producer Progress Energy Resources is expressing its disappointment after the federal government rejected a Malaysian state-owne...

Malaysian Takeover Deal Gets Thumbs Down

CP | Lauren Krugel, The Canadian Press | Posted 12.19.2012 | Canada Business

CALGARY - The proposed $6 billion takeover of Canadian natural gas producer Progress (TSX:PRQ) by Malaysian state-owned energy giant Petronas has hit ...