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22 Oct 2012, 6:30 am
Petronas and Progress In an announcement earlier this morning shortly before markets opened, Petronas and Progress Energy announced they would be working to cooperatively address the Investment Canada announcement Friday rejecting Petronas’ investment in Progress and meeting with Industry Canada officials. [read post]
20 May 2015, 1:58 pm
The Globe and Mail reports that the British Columbia government has signed a project development agreement with Pacific NorthWest LNG (PNW LNG), a joint venture led by Malaysian state oil company Petronas. [read post]
26 Jul 2017, 2:23 pm
Malaysian state oil and gas company Petronas released a statement that it and its partners “have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in British Columbia [B.C.], Canada. [read post]
26 Jul 2017, 2:23 pm
Malaysian state oil and gas company Petronas released a statement that it and its partners “have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in British Columbia [B.C.], Canada. [read post]
21 Oct 2012, 10:13 am
This week, regulators blocked two more big deals, including a $5.2 billion bid for Progress Energy by Petronas of Malaysia. [read post]
30 Sep 2014, 2:59 pm
An article in The Globe and Mail discusses environmental issues related to Petronas’ proposed Pacific NorthWest LNG export terminal on Lelu Island, British Columbia (B.C.), including the potential impact of the terminal on the region’s salmon and steelhead trout habitat. [read post]
9 Mar 2016, 2:33 pm
Malaysian state oil company Petronas, primary sponsor of the proposed Pacific NorthWest LNG export terminal in British Columbia, issued a press release stating that it “is proactively taking steps to mature the project towards its Final Investment Decision” and, once a federal environmental assessment report is completed, it will review the report’s findings and the LNG market outlook and present an investment decision to its shareholders. [read post]
30 Sep 2016, 1:38 pm
Reuters reports that three unnamed sources “familiar with the matter” have revealed that Petronas is considering selling its majority stake in the proposed $27 billion Pacific NorthWest LNG export terminal near Prince Rupert, British Columbia due to financial constraints and low global LNG prices. [read post]
30 Sep 2016, 1:38 pm
Reuters reports that three unnamed sources “familiar with the matter” have revealed that Petronas is considering selling its majority stake in the proposed $27 billion Pacific NorthWest LNG export terminal near Prince Rupert, British Columbia due to financial constraints and low global LNG prices. [read post]
20 Jun 2014, 12:29 pm
Petroliam Nasional Berhad (Petronas) is seeking debt-financing of as much as $15 billion for its sponsored Pacific Northwest LNG project on the West Coast of Canada. [read post]
26 May 2015, 2:04 pm
The Globe and Mail reports that Malaysian state oil company Petronas, primary sponsor of the proposed Pacific Northwest LNG export terminal in British Columbia (B.C.), expects to make a conditional final investment decision (FID) on the project within the next few weeks. [read post]
21 Mar 2016, 1:58 pm
Malaysian state oil company Petronas is the primary sponsor of the proposed project. [read post]
8 Oct 2015, 2:33 pm
CBC News reports that British Columbia Minister of Natural Gas Development Rich Coleman has refuted a Malaysian press report which stated that Malaysian state oil company Petronas, primary sponsor of the proposed Pacific Northwest LNG export terminal near Prince Rupert, B.C. [read post]
9 Apr 2015, 1:49 pm
Lower oil prices have enabled Pacific NorthWest LNG (PNWLNG), majority-owned by Malaysian state oil company Petronas, to lock in significantly lower development costs for its proposed LNG export terminal at Port Edward, British Columbia, improving the project’s economic viability. [read post]
1 May 2015, 1:01 pm
The Globe and Mail reports that Canadian First Nations band Lax Kw’alaams has been offered C$1 billion (approximately $820 million) in cash over 40 years in return for the band’s consent to the Petronas-led Pacific NorthWest LNG export terminal project on Lelu Island, near Prince Rupert, British Columbia (B.C.), and the interconnected pipeline. [read post]
28 Sep 2016, 1:46 pm
CBC News reports that the Canadian federal government has approved Petronas’s proposed Pacific NorthWest LNG export terminal near Prince Rupert, British Columbia with 190 legally binding conditions. [read post]
28 Sep 2016, 1:46 pm
CBC News reports that the Canadian federal government has approved Petronas’s proposed Pacific NorthWest LNG export terminal near Prince Rupert, British Columbia with 190 legally binding conditions. [read post]
14 May 2015, 1:56 pm
First Nations Band Lax Kw’alaams has, after three votes, unanimously rejected a C$1 billion (approximately $820 million) offer to support the Petronas-led Pacific NorthWest LNG export terminal on Lelu Island, near Prince Rupert, B.C. [read post]
27 Jun 2016, 12:40 pm
Malaysian state oil company Petronas is the primary sponsor of the PNWLNG project. [read post]
29 Apr 2014, 1:34 pm
Malaysian national oil company, Petroliam Nasional Berhad (Petronas), announced today that it and its subsidiaries Progress Energy Canada Ltd. and Pacific NorthWest LNG Ltd. [read post]
