Category : Energy Sector


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.

Shell Outperforms TotalEnergies in Q2 Earnings

Shell delivers stronger-than-expected quarterly profits while TotalEnergies falls short, as both energy giants navigate declining oil and gas prices in current market conditions.

Canadian Oil Sands Outshining U.S. Energy Peers

A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.

Burnaby Refinery Shifts to US Control in $9.1B Deal

A major Canadian energy facility is changing hands as Calgary-based Parkland Corporation sells a significant portion of its business, including the Burnaby refinery, to American multinational Sinclair in a transformative $9.1 billion deal that reshapes We

Parex Resources Proposes GeoPark Acquisition

Canadian energy company Parex Resources announces strategic proposal to acquire GeoPark while revealing substantial 11.8% ownership stake, signaling major consolidation in Latin American oil and gas markets.

NL Premier Reviews Hydro-Quebec Power Deal

Newfoundland and Labrador's incoming premier launches sweeping review of controversial Churchill Falls power agreement with Quebec within weeks of taking office.

Canada accelerates clean energy while backing pipelines

Canada is navigating a complex energy transition, rapidly expanding clean electricity while continuing to support fossil fuel infrastructure. Discover how the country plans to achieve net-zero grid by 2035 amid ongoing pipeline projects.

Saskatchewan's $7B Nuclear Energy Breakthrough

Saskatchewan embarks on a transformative $7 billion nuclear energy partnership with Ontario Power Generation, positioning the province as Canada's next clean energy leader while creating thousands of jobs.

Russia's Oil Exports Hold Steady Despite Sanctions

Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.

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