Progress seeks to address Ottawa's concerns
Interactive Investor Sat, 20 Oct 2012 14:43 PM PDT
CALGARY, Alberta (Reuters) - Progress Energy Resources Corp said on Saturday that it would take the next 30 days to determine the nature of concerns that led to Ottawa's rejection of its takeover by Malaysia's Petronas and try to find remedies. |
Canada blocks $5.2 billion Petronas bid for Progress Energy
Reuters UK Sat, 20 Oct 2012 14:42 PM PDT
TORONTO/KUALA LUMPUR (Reuters) - Canada has blocked Malaysian state oil firm Petronas' C$5.17 billion (3.2 billion pounds) bid for gas producer Progress Energy Resources in a surprise move that could signal problems for a much larger Chinese deal in the country's energy sector. Related Stories Yemen forces endanger health care by raiding hospitals - HRW Nigerian army says arrests Boko Haram ... |
Ryan Blasts Obama Energy Policies In Eastern Ohio
WITN 7 North Carolina Sat, 20 Oct 2012 14:37 PM PDT
Republican vice presidential candidate Paul Ryan is criticizing the Obama administration for what he says is its war on coal as he campaigns in eastern Ohio. |
Canada blocks Petronas bid for Progress Energy
WAAY-TV Huntsville Sat, 20 Oct 2012 14:34 PM PDT
TORONTO (AP) â€" Canada has blocked the Malaysian state-owned oil firm Petronas' US$5.2 billion (CA$5.17 billion) bid for gas producer Progress Energy Resources, saying the proposed investment would not provide a net benefit to Canada. |
Progress Energy Resources Disappointed Over Canadian Government Decision
RTT News Sat, 20 Oct 2012 14:33 PM PDT
Progress Energy Resources Corp. (PRQ.TO) issued a response to the Minister of Industry's announcement regarding the proposed acquisition of Progress by PETRONAS Carigali Canada Ltd. On friday, the Canadian Government blocked Petronas' bid for Progress Energy Resources. The Board of Directors, management and employees of Progress are disappointed in the announcement. |
The Myth of Affordable Energy - Interview with Ed Dolan
Nasdaq Sat, 20 Oct 2012 14:29 PM PDT
We were fortunate enough to speak with the well known economist Ed Dolan on various energy and economic issues. In the interview Ed talks about the following: • Why cheap energy is not |
Duke Energy has 10 days to release internal documents
WSOC-TV Charlotte Sat, 20 Oct 2012 14:29 PM PDT
Duke Energy has 10 days to release thousands of internal documents related to its merger with Progress Energy. On Friday, state utilities regulators scolded the company for keeping thousands of emails and other documents secret. Duke said the information contains trade secrets. Regulators want answers about Duke's decision to change its executive hours after the company merged with Progress. |
Paul Ryan Attacks Obama Energy Policies During Coal Country Stop
The Inquisitr Sat, 20 Oct 2012 14:28 PM PDT
Belmont, OH â€" Barack Obama, Mitt Romney, Joe Biden, and Paul Ryan are making every effort to change every last voter’s mind as elections season draws to a close, with the latter-most targeting President Obama’s energy policies during a campaign stop in coal country, reports NBC. “One thing Belmont County can do,†Ryan said at Valley [...] Paul Ryan Attacks Obama Energy Policies During Coal ... |
Factbox - Canada's Progress pulled from Malaysia's grasp
FOX Business Sat, 20 Oct 2012 14:27 PM PDT
The Canadian government delivered a surprising 11th-hour rejection of a C$5.2 billion ($5.3 billion) takeover of Progress Energy Resources Corp by Malaysia's Petronas, raising questions about its desire for foreign energy investment. |
NDP neutral on Petronas-Progress Energy deal
London Free Press Sat, 20 Oct 2012 14:10 PM PDT
The NDP won't say whether it supports the federal government's decision to nix a $5.2 billion bid by Malaysian company Petronas to buy Canadian natural gas firm Progress Energy. |
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