Canadian Energy Companies Are Outperforming Despite Weak Oil Prices
Recently, we have noted that U.S. investors are increasingly buying Canadian Oil & Gas companies, even as global…
Canadian Oil Producers Prioritize Buying Over Building
A two-month-long bidding war in Canada’s oil patch signaled there is another way for a company to boost…
Cenovus to acquire MEG Energy in C$7.9 billion deal in oil sands expansion
(This story has been republished to remove an inaccurate image, with no changes to text) (Reuters) -Canadian oil…
Cenovus in talks to jointly buy oil-sands producer MEG, sources say
(Bloomberg) – Cenovus Energy Inc. is in talks with Indigenous groups in Canada to jointly buy MEG Energy…
The Israel-Iran war highlighted a harsh truth for Canada: Our oil economy has no future
Open this photo in gallery: Stability in oil prices despite war in the Middle East has demonstrated that…
Canadian Natural Resources restarts oil sands operation as wildfire risk lessens
By Amanda Stephenson CALGARY (Reuters) -Canadian Natural Resources has restarted its Jackfish 1 oil sands site in northern…
Alberta Wildfires Shut About 7% of Canada’s Oil Production
(Bloomberg) — Wildfires in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels of daily heavy…
Canada’s Oil Patch Faces Chill, But Output Still Set to Climb
Sales of drilling rights in the oil sands of Alberta are on the decline, reversing an earlier boom.…
Interest in Canada drilling sites wanes amid trade war, lower oil prices
(Bloomberg) – A boom in sales of drilling rights in western Canada’s oil heartland of Alberta is fading…
Cenovus Energy announces renewal of share buyback program
CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced today that…