Yes - you need to read the articles carefully. There were two things that stood out. First, the cans that were exploding were an 'industrial design' that had a special venting arrangement on the bottom. The makers claim that those were an old design that is no longer being made, and more importantly, it is not the 'consumer-grade' can design that is sold through supermarkets.
Second, the problem was that the cans were exploding because they were being exposed to excessive heat in kitchen applications.
Bottom line - it didn't seem to me that the problem should affect those who use Pam as a drilling lubricant. But it does underscore the common sense rule that one should never spray around an open flame.