{"id":18338,"date":"2021-10-26T02:45:00","date_gmt":"2021-10-26T02:45:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/10\/26\/pacific-oil-gas-limited-rebrands-to-pacific-energy-corporation-limited\/"},"modified":"2021-10-26T02:45:00","modified_gmt":"2021-10-26T02:45:00","slug":"pacific-oil-gas-limited-rebrands-to-pacific-energy-corporation-limited","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/10\/26\/pacific-oil-gas-limited-rebrands-to-pacific-energy-corporation-limited\/","title":{"rendered":"Pacific Oil &#038; Gas Limited Rebrands to Pacific Energy Corporation Limited"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media&#13;<br \/>\nOutReach<\/a>\u00a0&#8211; 26 October 2021 &#8211;<b> <\/b>Pacific Oil &amp; Gas Limited (PO&amp;G) has announced that it will&#13;<br \/>\nrebrand its operations to become Pacific Energy Corporation Limited. <\/p>\n<p>\u00a0<\/p>\n<p>Ratnesh Bedi, President of Pacific&#13;<br \/>\nEnergy said, &#8220;The Pacific Energy name and new logo reflects the next step in&#13;<br \/>\nour growth strategy dedicated to providing cleaner energy for North American&#13;<br \/>\nmarkets and growing Asian economies. Our refreshed branding also creates a&#13;<br \/>\nplatform for new product development and future acquisitions.&#8221;<\/p>\n<p>\u00a0<\/p>\n<p>Pacific Energy, which is part of the&#13;<br \/>\nSingapore-based RGE group of companies founded by Sukanto Tanoto in 1973, is an&#13;<br \/>\nindependent energy resources development company focused on helping North&#13;<br \/>\nAmerica and growing Asian economies meet their increasing energy requirements.&#13;<br \/>\nThe company strategy is to invest, develop, build, own and operate innovative&#13;<br \/>\nand cost-competitive projects throughout the energy value chain, while&#13;<br \/>\nmaintaining constant attention to its role as a responsible corporate citizen.<\/p>\n<p>\u00a0<\/p>\n<p><b>Established&#13;<br \/>\nPresence in China<\/b><\/p>\n<p>Since 2003, Pacific Energy has taken&#13;<br \/>\nstrategic positions in China&#8217;s gas and related power markets. Pacific Energy is&#13;<br \/>\none of the first two foreign companies to own interests in liquefied natural&#13;<br \/>\ngas (LNG) receiving terminals in China. Pacific Energy also successfully built&#13;<br \/>\nand operates the first 100% foreign-owned combined cycle gas turbine (CCGT) power&#13;<br \/>\nplant in Xiamen, and owns 70% stake in another CCGT power plant in Wuxi.\u00a0 Power plants powered by natural gas are more&#13;<br \/>\nefficient than traditional coal-fired power plants. They can also serve as an&#13;<br \/>\neffective bridge fuel to meet energy demand when the supply from renewable&#13;<br \/>\nsources does not provide consistent returns throughout the day.<\/p>\n<p><b>Growing&#13;<br \/>\nPresence in Canada<\/b><\/p>\n<p>In Canada, Pacific Energy&#8217;s exploration&#13;<br \/>\nand production of gas are conducted through its subsidiary Pacific Canbriam&#13;<br \/>\nEnergy (PCE). Acquired by Pacific Energy in 2019, PCE is a leading exploration&#13;<br \/>\nand production company focused on finding and developing over-pressured, liquid&#13;<br \/>\nrich natural gas resources in the Western Canadian Sedimentary Basin.&#13;<br \/>\nHeadquartered in Calgary, Alberta, with operations near Fort St. John, British&#13;<br \/>\nColumbia, PCE differentiates itself from competitors through the quality of its&#13;<br \/>\nresource and commitment to sustainability.<\/p>\n<p>PCE achieved EO100\u2122 Standard Certification from Equitable Origin in August&#13;<br \/>\n2021, signifying PCE&#8217;s demonstrated use of innovative and transparent practices&#13;<br \/>\nto produce some of the world&#8217;s most sustainable and responsible natural gas.<\/p>\n<p>\u00a0<\/p>\n<p>Pacific Energy is expanding its existing&#13;<br \/>\npresence in Canada with the Woodfibre LNG Project, a Liquefied Natural Gas&#13;<br \/>\n(LNG) export facility located near Squamish, British Columbia, about 70km from&#13;<br \/>\nVancouver. The Woodfibre LNG Project has obtained a licence to export LNG for&#13;<br \/>\n40 years. The project has also received environmental approvals from the&#13;<br \/>\nfederal and provincial governments as well as the local Indigenous people:\u00a0 the Squamish Nation. By using hydroelectric&#13;<br \/>\npower for the refrigeration process, Woodfibre LNG will be one of the most&#13;<br \/>\ninnovative and cleanest LNG facilities in the world.<\/p>\n<p>\u00a0<\/p>\n<p>Bedi added, &#8220;We believe there is a&#13;<br \/>\ndistinct opportunity for Pacific Energy to expand as a competitive and&#13;<br \/>\nsustainable gas-based value chain business. Economies around the world which&#13;<br \/>\nhave been hit hard by the impact of the global pandemic are rebounding at a&#13;<br \/>\nrapid pace.\u00a0 At the foundation of any&#13;<br \/>\neconomic recovery is &#8216;energy&#8217;.\u00a0 We take&#13;<br \/>\ngreat pride in providing clean energy to North American and growing Asian&#13;<br \/>\neconomies.&#8221;\u00a0 <\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-10-26\/100843\/pacific-oil-gas-limited-rebrands-to-pacific-energy-corporation-limited\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211;\u00a0Media&#13; OutReach\u00a0&#8211; 26 October 2021 &#8211; Pacific Oil &amp; Gas Limited (PO&amp;G) has announced that it will&#13; rebrand its operations to become Pacific Energy Corporation Limited. \u00a0 Ratnesh Bedi, President of Pacific&#13; Energy said, &#8220;The Pacific Energy name and new logo reflects the next step in&#13; our growth strategy dedicated to providing cleaner energy &hellip;<\/p>\n","protected":false},"author":1,"featured_media":18339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18338"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18338"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18339"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}