Petronas Considers Canadian Sale
This is a B.C. news story, published by vancouversun, that relates primarily to Petronas Canada news.
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Malaysian state energy firmvancouversun
•Business
Business & Economics
Petronas is said to explore sale of $7 billion Canadian business

69% Informative
Petronas Canada operates in the North Montney basin in northeast B.C. and owns more than 3,200 square kilometres of mineral rights with 53 trillion cubic feet of gas reserves.
The Malaysian state energy firm bought Progress Energy for about $5.3 billion in 2012 , boosting its shale-gas assets and gas supplies.
Lower oil prices have hit the Malaysian firm, which reported a slide of more than 30 per cent in net income in 2024 .
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84
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90
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79
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English
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