Petronas

'Twas The Night Before A B.C. Taxpayer's Christmas

Jordan Bateman | Posted 12.18.2014 | Canada British Columbia
Jordan Bateman

'Twas the night before Christmas, and all through B.C. The pipeline wars were stirring, even over LNG

Petronas B.C. LNG Project A 'Done Deal' Despite Delay: Clark

CP | Abdul Latheef, The Canadian Press | Posted 12.12.2014 | Canada Business

TORONTO - British Columbia's premier said Monday the province's multibillion-dollar agreement with Petronas to build a liquefied natural gas terminal ...

Petronas Delaying Proposed B.C. LNG Terminal

CP | Lauren Krugel, The Canadian Press | Posted 12.03.2014 | Canada British Columbia

CALGARY - Malaysian energy giant Petronas said Wednesday it's delaying its proposed liquefied natural gas terminal near Prince Rupert, B.C., even thou...

Premier Denies Downplaying B.C. LNG Expectations

CP | Dirk Meissner, The Canadian Press | Posted 12.06.2014 | Canada British Columbia

VICTORIA - A major player in British Columbia's liquefied natural gas sweepstakes has rained on Premier Christy Clark's throne speech, which laid out ...

Petronas Threatens To Delay B.C. LNG Project By A Decade

CP | Lauren Krugel, The Canadian Press | Posted 12.06.2014 | Canada British Columbia

CALGARY - The B.C. and federal governments could miss out on billions in liquefied natural gas investment for at least a decade unless, by the end of ...

Citizens Should Demand That B.C. 'Completely Rethink' Its LNG Strategy: Expert

David Burke | Posted 11.26.2014 | Canada British Columbia
David Burke

Given all the impacts and uncertainties, he added, "Maybe one of the best things you can do in British Columbia is kee this resource in the ground."

Petronas Threatens To Pull Out Of B.C. LNG Project

CP | Lauren Krugel, The Canadian Press | Posted 11.25.2014 | Canada Business

CALGARY - B.C. Premier Christy Clark says a threat by Petronas to quit a proposed liquefied natural gas project is just part of negotiations over the ...

Major Energy Players Lobbying For Tax Break: Report

CP | The Canadian Press | Posted 11.15.2014 | Canada Business

TORONTO - There's a report that the players behind major liquefied natural gas projects in British Columbia are lobbying Ottawa for tax relief.The Glo...

'Gargantuan' Investment Pledge From Malaysia

CP | Bruce Cheadle, The Canadian Press | Posted 01.23.2014 | Canada Business

NUSA DUA, Indonesia - Prime Minister Stephen Harper arrived in Bali for an Asia-Pacific leaders' summit Sunday bearing what could be called a $36-bill...

This Oil Giant Really Wants B.C. LNG Exports

CP | The Canadian Press | Posted 09.04.2013 | Canada British Columbia

VICTORIA - Plans by Malaysian national oil company Petronas to export liquefied natural gas from northern British Columbia to Asia moved forward Frida...

B.C.'s Billion-Dollar LNG Boost

CP | Dirk Meissner, The Canadian Press | Posted 08.11.2013 | Canada British Columbia

VICTORIA - Global energy corporations are "dead serious" about investing in British Columbia's potential as a world supplier of liquefied natural gas,...

How Harper's Nexen Deal Deceived Canadians

Maude Barlow | Posted 02.09.2013 | Canada Business
Maude Barlow

On December 7, Prime Minister Stephen Harper approved the first two complete takeovers of Canadian-owned energy firms by foreign state-owned companies in our country's history. The Prime Minister used sleight of hand to trick Canadians into thinking these were "exceptional" cases, to be repeated only cautiously in the future. He appeared to close the door to ownership of the tar sands by companies controlled by foreign governments. But he didn't close it at all. He left it wide open and signaled to China, Malaysia and other countries that Canada's strategic energy resources were entirely for sale, not just to the highest bidder but to any bidder at all.

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 ...

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 ...

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 ...

Stakeholders Approve Calgary Energy Giant's $6B Malaysian Takeover

CP | The Canadian Press | Posted 10.29.2012 | Canada Alberta

CALGARY - Stakeholders in natural gas producer Progress Energy Resources Corp. (TSX:PRQ) have overwhelmingly approved a $6-billion takeover of the com...