Tag: Progress Energy Resources

Petronas and partners announce conditional Final Investment Decision for Lelu Island subject to environmental assessment

In a news release this afternoon, Pacific Northwest LNG announced that the company has given a positive, but conditional, Final Investment Decision, to build an LNG facility on the environmentally sensitive Lelu Island at Port Edward. BC. Pacific NorthWest LNG (PNW LNG) announced today that the required technical and commercial components of the project have […]

Environment agency calls for comments on Prince Rupert LNG pipeline

The Canadian Environmental Assessment Agency is calling for comments on the proposed LNG project at Prince Rupert. An agency news release says: As part of the strengthened and modernized Canadian Environmental Assessment Act, 2012 (CEAA 2012) put in place to support the government's Responsible Resource Development Initiative, the Canadian Environmental Assessment Agency must decide whether […]

Latest entrant in LNG scramble wants NEB, BC to consolidate approvals: Reports

LNG World News Progress Energy wants consolidated process for LNG projects in Canada Progress Energy Resources Corp, which signed a C$1.07 billion ($1.09 billion) shale gas alliance with Malaysia's state oil company, is pushing for a consolidated regulatory process for pipelines and liquefied gas export plants, its chief said on Monday. A big driver for […]

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 […]