TransCanada Registers More Success
Gas – Canadian pipeline giant TransCanada has penned another multi-billion dollar deal. In doing so, it has once again raised the question of whether pipeline companies are an overlooked investment opportunity.
Articles Tagged "Progress Energy Resources"
Oil Market Update (December 11, 2012)
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
PETRONAS Rejection May Hamper CNOOC’s Acquisition of Nexen
Oil – Bloomberg reported that following Canada's rejection of PETRONAS' bid for Progress Energy Resources Corp. (TSX:PRQ), shares of Calgary's Nexen Inc. (TSX:NXY) fell 4.4 percent, ending at C$24.04 in Toronto. Investors are concerned that CNOOC Ltd. (HKEX:0883), which wants to acquire Nexen, will also be turned down by Canada.
Oil and Gas Sector Readies for M&A Activity Surge
Gas – High-premium bids for oil and gas producers are fast becoming the focus of potential investors.
Progress Energy Takeover: Only the Beginning?
Gas – The Canadian natural gas market watched with interest as the recent Progress Energy takeover marked the first instance of an Asian investor launching a buyout of a Canadian partner in a gas project.
