Potential merger between Integris Credit Union and Lake View Credit Union

Prince George – On March 31, 2017 the Board of Directors of Integris Credit Union and Lake View Credit Union signed a Memorandum of Understanding to formalize merger talks between the financial cooperatives. The Board of Directors of both organizations are pursuing this merger in the interest of providing a stronger financial cooperative, enhanced member benefits and increased community resilience here in the North. “Members, staff and the communities are our key priorities in merger […]

Petronas’ review of Canadian LNG project still ‘ongoing’, but CEO keen to monetize Montney natural gas asset

The head of the consortium proposing to build the Pacific NorthWest LNG project declined to provide a timeline on a possible final investment decision Wednesday, as the market for large-scale liquefaction facilities continues to weaken. “We’re doing a total review of the project, and taking into account all the cost optimization options,” said Petronas CEO Datuk Wan Zulkiflee Wan Ariffin. “That is still ongoing.” Malaysia-based Petronas is the largest stakeholder in the roughly $36-billion LNG […]

Natural Resources Development in Northern British Columbia

Here in Northern BC the next 6 months will be busy with numerous projects in the natural resource sector. In the short term there are a number of events that will help set the pace forward for the next 10-20 years of business development. Cambridge House First up is the Cambridge House Vancouver Investment Resource Show January 22-23 at the Vancouver Convention Centre. This show is slowly bouncing back with companies looking for investors for […]

Gas drilling drops to 23-year low in B.C.’s resource-rich northeast

Natural gas drilling in northeastern British Columbia has fallen to a 23-year low as gas producers continue to navigate a complicated market still dogged by a supply glut in the United States and lack of outlets outside of North America for the fuel. At the end of October, producers had punched just 267 new wells in the region, according to figures from the B.C. Oil & Gas Commission, down 40 per cent from the 450 […]

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