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Last year, former Progress Energy and PNW LNG president Michael Culbert said the company had been spending roughly $2 billion a year. Petronas 2015 annual financial report cites its Canadian project as still underway. Its most recent financial statements show a 23% revenue drop in 2016s first ha
Date: Sep 27, 2016
Source: Google
More than 90 scientists dispute LNG project's emissions estimates
In an interview in late April, Pacific NorthWest LNG director Michael Culbert said he is confident that the export terminal wont ruin the environment. He added he is optimistic that the federal cabinet will see merit in the projects wide-ranging benefits for Canada while respecting the surrounding
Date: May 30, 2016
Source: Google
BC's Pacific Northwest LNG project faces more delays
Nevertheless, Pacific NorthWest LNG president Michael Culbert said in the statement the company will work to assess this latest information request and continue to work constructively with federal agencies through this rigorous process.
The government of Canada is delivering on its goal to diversify and grow Canadas energy exports, Pacific NorthWest LNG president Michael Culbert said in a statement. Pacific NorthWest LNG has the potential to generate over $1-billion in tax revenues to all levels of government each year.
Date: Feb 19, 2015
Category: Business
Source: Google
Malaysia's Petronas to Sell Indian Oil 10% Stake in Canada Gas Project
Each of these major investments in British Columbia underscores the globally attractive and competitive opportunities for Canadian natural gas in the Pacific Rim, said Michael Culbert, president and chief executive of Progress Energy in a statement.
Date: Mar 07, 2014
Category: Business
Source: Google
Expectations and hurdles high for BC's LNG industry
A fiscal regime needs to be in place well in advance to allow companies to proceed with investment decisions, said Michael Culbert, chief executive officer of Petronas-owned Progress Energy Resource Corp. He added: That clarity is utmost.
Date: Feb 25, 2013
Category: Business
Source: Google
Canadian Minister Blocks Petronas Bid To Acquire Progress Energy
Responding to Paradis's decision, Progress President and CEO Michael Culbert said in a statement that he was disappointed with the announcement, and added that "Progress will be working over the next 30 days to determine the nature of the issues and the potential remedies."
Date: Oct 21, 2012
Category: Business
Source: Google
How Malaysia's oil-patch bid 'came unglued' after Ottawa pressed to extend talks ...
gress said in a statement it is "disappointed" with the government's stand. "Progress will be working over the next 30 days to determine the nature of the issues and the potential remedies," Michael Culbert, Progress' chief executive, said in a statement issued Saturday afternoon. "The long-term hea