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Japex to take stake in Petronas' B.C. shale gas project

Japan Petroleum Exploration is taking a 10-percent stake in an integrated shale gas development and liquefied natural gas (LNG) project being planned by Malaysia's Petronas in British Columbia.
Reuters
Posted on 3-04-2013 at 8:03 AM
Tags: Petronas

Biz Quiz -- Test your business knowledge

Ever wonder which BNN personality has the most in-depth knowledge of business? Business Day anchor Marty Cej defends his two-year title as he faces off against new contestants -- Amber Kanwar and...
BNN staff
Posted on 12-28-2012 at 10:49 AM
Tags: Canadian Pacific Railway (CP), Bank of Canada, Petronas, Progress Energy, Nexen, CNOOC

India state oil firms press ahead with oil sands bid

India's state oil companies intend to press ahead with plans to buy stakes in the oil sands and believe they will not run afoul of tougher rules on foreign ownership of the sector.
Prashant Mehra and Nidhi Verma, Reuters
Posted on 12-11-2012 at 7:45 AM
Tags: Nexen, CNOOC, Progress Energy, Petronas

Ottawa approves takeovers of Nexen, Progress

The federal government has approved two controversial takeovers by Asian state-owned enterprises of Canadian oil companies, but will block any further acquisitions in the oil sands by such...
Shawn McCarthy and Steven Chase, The Globe and Mail
Posted on 12-07-2012 at 3:39 PM
Tags: Nexen, CNOOC, Progress Energy, Petronas

Ottawa ready to rule on foreign takeovers

After more than four months of deliberation, Prime Minister Stephen Harper is poised to release decisions on two controversial foreign takeovers in the oil industry that will set the tone for...
Shawn McCarthy and Nathan Vanderklippe, The Globe and Mail
Posted on 12-06-2012 at 9:30 PM
Tags: Nexen, Progress Energy, CNOOC, Petronas

Progress, Petronas LNG export facility enters design phase

Progress Energy Resources Corp, whose $5.2-billion takeover by Malaysia's Petronas is being reviewed by the Canadian government, said its LNG export facility on the country's Pacific coast is moving...
Krithika Krishnamurthy, Reuters
Posted on 12-04-2012 at 11:48 AM
Tags: Petronas, Progress Energy

Petronas extends closing date on Progress deal to Dec. 30

Malaysia's Petronas said on Tuesday it is again extending the closing date of its offer to buy Alberta-based Progress Energy Resources, as it awaits Ottawa's approval for the $5.2-billion deal.
Reuters
Posted on 11-20-2012 at 9:26 AM
Tags: Progress Energy, Petronas