Progress Energy wants additional Asian partners for BC LNG
Malaysian energy giant Petronas is seeking more Asian partners to help develop its liquefied natural gas project in British Columbia, with as much as half its stake up for grabs. The company, which acquired Progress Energy Resources Corp. in December ...
Progress Energy to shut down coal power plant in Goldsboro
Progress Energy's planned shutdown Saturday of its aging H.F. Lee power plant near Goldsboro marks the beginning of a major wave of closures of coal-burning plants dating back to 1949. Much of the electric utility's coal-derived power, destined for the ...
Nexen, Progress Energy Sales Approved, Canada Draws a Line in the Sands
After markets closed on Friday, Canadian Prime Minister Stephen Harper announced that the government had approved both the $15.1 billion sale of Nexen Inc. (NYSE: NXY) to China's Cnooc Ltd. (NYSE: CEO) and the $5 billion sale of Progress Energy ...