Category : Search result: oil sands takeover


Bitumen Tanker Spill Contaminates Alberta River

A major environmental incident unfolds in Alberta as a tanker truck carrying bitumen crashes and leaks the petroleum product into the North Saskatchewan River, prompting emergency response and environmental concerns.

MEG Energy Shareholders Approve Cenovus Takeover Deal

MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.

Alberta Fires Back Over BC Oil Tanker Ban Demands

Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.

Alberta's Pipeline Deadline: Budget Meets Grey Cup

As Alberta awaits critical details from Ottawa's federal budget, the province faces a high-stakes deadline tied to the Grey Cup festival that could determine the fate of major pipeline projects and energy investment.

Federal Budget Pivots on Oil and Gas Policy

Canada's latest federal budget signals a significant shift in oil and gas policy, but industry experts warn key implementation details remain uncertain. Explore the implications for carbon capture incentives and clean electricity investments.

Budget shifts oil and gas tone, details unclear

Canada's latest federal budget signals a significant change in tone toward the oil and gas industry, but critical details about investment tax credits and clean energy requirements remain uncertain, leaving industry experts watching closely.

Suncor Hikes Dividend, Beats Earnings Expectations

Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.

Canada May Soften Oil & Gas Emissions Cap Rules

The Canadian government shows willingness to adjust its controversial oil and gas emissions cap policy, raising questions about environmental commitment versus economic pragmatism in Canada's energy sector.

Alberta, Ottawa Close to Major Energy Projects Deal

Alberta Premier Danielle Smith reveals significant progress in federal-provincial negotiations on major energy projects, potentially unlocking billions in investment and reshaping Canada's energy future.

Nova Scotia Courts Calgary for Offshore Wind Development

Nova Scotia's Premier Tim Houston makes strategic Calgary visit to attract oil and gas expertise for massive offshore wind and green hydrogen development, positioning the province as Canada's next clean energy frontier.

Oil & Gas Reality: What Companies Are Actually Doing

While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.

SM Energy and Civitas Merge in $12.8B Shale Deal

Two prominent U.S. shale producers, SM Energy and Civitas Resources, announce a landmark $12.8 billion all-stock merger, creating a dominant force in the American energy landscape and signaling a new wave of industry consolidation.

Imperial Oil sells Calgary HQ, cuts hundreds of jobs

Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.

Oil Steadies as U.S. Reimposes Venezuela Sanctions

Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.

Cenovus-Husky Merger Vote Delayed Another Week

The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.

Shell Beats Estimates with $7.7B Q2 Profit

Royal Dutch Shell delivers powerhouse Q2 2023 results, crushing analyst forecasts with $7.7 billion profit as strategic shifts and LNG demand fuel financial triumph.

Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry

A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.

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