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TORONTO, June 28 – Malaysia’s state oil company today agreed to buy Canada’s Progress Energy Resources Corp for C$4.8 billion (RM14.93 billion) to bolster its reserves of natural gas for export to Asian markets.The deal by Malaysia’s Petronas follows its formation of a joint venture with Progress last year to develop a part of Progress Energy ... Read more at http://www.themalaysianinsider.com/business/article/petronas-to-buy-progress-energy-for-rm14.9b/