Tag: Malaysia

Malaysia buys stake in BC shale, eyes West Coast LNG export terminal

A Canadian energy company, Progress Energy Resources, based in Calgary, has agreed to sell 50 per cent its stake in  a BC shale gas development called North Montney to Malaysia's state oil firm Petronas  for $1.07 billion Canadian ($1.09 billion US). The two plan to build  an LNG export terminal somewhere on the BC West […]