Progress Energy produces more than 750 million cubic feet equivalent of natural gas per day in northeast British Columbia and northwest Alberta collectively on behalf of the company and our joint venture partners. Currently production serves Canadian markets while ambitiously expanding production capacity on its large Montney land holdings in preparation for the opening of new LNG markets in Asia.
The company is owned by PETRONAS of Malaysia, a global leader in LNG and the owner of Vancouver-based Pacific NorthWest LNG, which is planning to build a world-scale LNG export facility on Canada’s west coast, near Prince Rupert, British Columbia. Together Progress Energy and Pacific NorthWest LNG are helping establish a bright new future for Canada’s energy exports.
Progress Energy is committed to its employees, stakeholders and our operational activity. As such, the company has an integrated Business Continuity Plan to ensure critical business activities can continue in the event of an interruption to systems or access to office space.
To recognize our roots as a Canadian company with tremendous success in building a resource base in northeast British Columbia we have maintained our logo structure, but have refreshed the colour of our ‘splash’ to reflect our alignment with PETRONAS. This logo refresh also recognizes the bringing together of the best of worlds – PETRONAS’ global expertise and capacity, and Progress Energy’s Canadian skills, talent and world class asset in the Montney.
The adoption of emerald green into the Progress Energy logo in 2017 further signals PETRONAS’ long-term commitment to Canadian resource development and building sustainable relationships with our valued partners and stakeholders: local communities, First Nations, governments, regulators and service providers.