Allows TransCanada to construct most of its North Montney Mainline project for about $1.4 billion.
Progress Energy paused operations last week when another quake occurred.
The company joins Progress Energy, Pacific NorthWest LNG and Petronas as a partner in the export project.
Progress is buying 127,000 acres in the Farrell Creek and Cypress areas that Talisman owns through partnerships.
North Montney Mainline will extend TransCanada’s existing Groundbirch pipeline.
Alberta intergovernmental affairs minister says Ottawa needs to be more transparent in it’s next version of foreign investment rules.
Nexen-CNOOC deal would create middle-class jobs and bolster trade relations with China, he says.
Malaysian oil giant has until Nov. 30 to sell Industry Canada on the $6 billion acquisition.
University of Alberta poll suggests Chinese resources investment is acceptable, but ownership is less welcome.
Former prime minister suggests investment by foreign companies is necessary to further develop Western Canada.
Industry minister Paradis blocked acquisition after it was ruled the deal didn’t provide a net benefit to Canada.
Malaysia’s Petronas and Progress have 30 days to make changes to a proposed deal.
Malaysia’s Petronas has agreed to pay $6 billion for the Calgary-based energy developer.
Petronas says acquisition would strengthen position as natural gas supplier.