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Petronas' Progress Energy one of the busiest oil drillers in Canada
Last year, its wholly owned Canadian subsidiary, Progress Energy Canada Ltd., drilled 608,391 metres of hole, the sixth-highest total in the country, just ahead of Royal Dutch Shell plc, Daily Oil Bulletin records show.
New optimism gripping Canada's energy patch as industry looks beyond ...
If the terms are acceptable, Michael Culbert, president and CEO of Progress Energy Canada Ltd., owned by Petronas of Malaysia, said his company is gearing up for a final investment decision before the end of the year.
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M&A pipeline is 'very full'
Those numbers could have been worse had activity not picked up in the final quarter of 2013 when Talisman Energy Inc. sold its Montney acreage to Progress Energy Canada Ltd. for $1.5-billion, the biggest deal of the year. Progress, now owned by ...
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Progress' great push to be first
"Will we compete with oil sands projects? You will see some level of co-operation and staggering of the LNG projects as well because they can't all be built," the president of Progress Energy Canada Ltd. said in an interview last week at a Toronto oil ...
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Solar Power Burns Old Utilities' Business Models
A law passed this week by the Oklahoma state legislature permits utilities to charge user fees on customers with renewable energy installations´┐Żlike rooftop solar panels and wind turbines. To some ... Indeed, the Sooner State has lately taken pride in ...
Slice of the Game: Resolution time
Everyone starts out with high energy, high hopes and tons of optimism, yet statistics show most will fail or regress as time wears on.
Thursday's most followed in Canada including Potash Corp, Imax, Domtar ...
Pacific Rubiales Energy Corp. (TSE:PRE), the Canada-based oil company focused on Colombia, tumbled 11.7% to $17.82. RBC Capital Markets downgraded the company to the equivalent of a "hold" from the equivalent of a "buy".
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PetroNova announces 2013 year end results
Entered into an agreement with Suroco Energy Inc. ("Suroco") whereby Suroco's wholly owned subsidiary acquired a 25 percent interest in the PUT-2 Block (for details, please refer to the Company's press release dated July 22, 2013).
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Why aren't North Americans buying diesel vehicles?
Consumer choice is fairly limited as well. German makes represent the vast majority ... Diesel is a dirtier fuel than gasoline.
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Nucor Reports Results For First Quarter Of 2014
We continue to be pleased with the progress of our new direct reduced iron (DRI) plant in St. James Parish, Louisiana. In the first quarter of 2014, the Louisiana DRI plant produced 455,000 tons with peak operating rates exceeding 90% of the name plate ...
Nucor Corporation: Nucor Reports Results For First Quarter Of 2014  The Wall Street Transcript
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