NEW YORK-- Talisman Energy Inc. said Monday that it has put two directors backed by Carl Icahn on its board, as the billionaire investor accumulates a bigger stake in the Canadian oil and gas company. Shares of Talisman Energy gained 2 percent to $12.12 shortly after the opening bell.
*To sell 127,000 acres to Malaysia- controlled Progress Energy. Nov 8- Talisman Energy Inc said it would sell a stake in some of its natural gas assets in British Columbia's Montney field to Malaysia- controlled Progress Energy Canada Ltd for C $1.5 billion as it restructures global operations.
Nov 6- Duke Energy Corp, the largest U.S. power company, posted a lower-than-expected quarterly profit on Wednesday, primarily due to wet, cool weather in North and South Carolina that reduced demand for air conditioning. Third-quarter net income was $1 billion, or $1.42 per share, compared with $594 million, or 85 cents per share, a year earlier.
Nov 6- Duke Energy Corp, the largest power provider in the United States, said on Wednesday its quarterly profit rose, a year after the buyout of rival Progress Energy. The company posted third-quarter net income of $1 billion, or $1.42 per share, compared with $594 million, or 85 cents per share, in the year-ago period.
KUALA LUMPUR, Oct 7- Malaysia's state oil firm Petronas plans to spend $35 billion to develop shale gas assets in Canada and build a liquefied natural gas export terminal linking the country to energy hungry Asian markets, company officials said.
HOUSTON/ CARACAS, Sept 10- Malaysian oil company Petronas said it is exiting one of the biggest petroleum projects in Venezuela's Orinoco belt, after what sources close to the venture and within the firm said were disagreements with Venezuelan authorities and state-run PDVSA.
Aug 7- Duke Energy Corp, the largest power provider in the United States, posted a lower-than-expected quarterly profit on Wednesday as the company struggles with weak commercial sales. However, Duke said its 2012 buyout of rival Progress Energy continues to bolster power sales to domestic customers.
Aug 7- Duke Energy Corp, the largest electricity provider in the United States, posted a 64 percent jump in quarterly revenue, helped in part by its buyout last year of a key rival, but earnings fell. For the second quarter, the company posted net income of $339 million, or 48 cents per share, compared with $444 million, or 99 cents per share, in the year-ago period.
*Duke shares edge up on NYSE. June 18- Duke Energy Corp, the largest U.S. power provider, has turned to an insider, Chief Financial Officer Lynn Good, to take over as CEO when Jim Rogers steps down as part of a regulatory settlement. Rogers was expected to retire when Duke's $18 billion takeover of Progress Energy closed last July.
Fereidun Fesharaki, chairman of FACTS Global Energy, shares his views on why Ottawa in Canada blocked a 5.2 billion dollar acquisition by Petronas for Progress Energy, the Canadian natural gas producer.
Dan Yergin, Vice Chairman, IHS doesn't think Petronas will walk away from its bid for Progress Energy, despite the veto by the Canadian government. He also discusses America's energy policy.
Why did Duke Energy's board abruptly replace Bill Johnson as CEO of the newly merged companies? Jeffrey Sonnenfeld, Yale School of Management, provides perspective.
CNBC's Mary Thompson reports Jim Rogers, Duke Energy's CEO, testified before the North Carolina Utilities Commission to explain why the company abruptly removed Bill Johnson as the company's newly installed chief officer.
The "Squawk Box" news team weighs in with their perspective on the markets ahead of the opening bell.
Dennis Berman, Wall Street Journal Marketplace editor, discusses what happened to the CEO of Progress Energy when he was ousted as the top executive, one day after the deal with Duke Energy.
CNBC's David Faber has the latest details on Duke Energy's merger with Progress Energy, and the appointment of its new chief executive officer.