25 October

(Bloomberg) — Cenovus Energy Inc. agreed to buy Husky Energy Inc. in a C$3.8 billion ($2.9 billion) all-stock deal that will combine two of the largest players in Canada’s beleaguered oil-sands industry, which is struggling after the slump in crude prices. The transaction will create the country’s third-largest oil and natural gas producer and lead […]

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25 October

(Bloomberg) — Cenovus Energy Inc. agreed to buy Husky Energy Inc. in an all-stock deal valuing Husky at about C$3.8 billion ($2.9 billion), creating Canada’s third-largest oil and natural gas producer. The deal promises to combine two of the largest players in Canada’s oil sands at a time that valuations have crumbled in the sector. […]

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25 October

Cenovus CEO Alex Pourbaix, shown in Calgary in January. Boards of directors at both Cenovus Energy and Husky Energy have approved the deal between the two companies, expected to close in the first quarter of next year. Pourbaix will head the combined company. (Jeff McIntosh/The Canadian Press) Cenovus Energy Inc. has agreed to buy rival […]

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24 October

CALGARY — An inquiry into who is funding environmental opposition to the province’s oil and gas sector will be completed some time next year, at least six month later than its original target, Alberta Premier Jason Kenney said Saturday. CALGARY — An inquiry into who is funding environmental opposition to the province’s oil and gas […]

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23 October

Grounded WestJet Boeing 737 Max aircraft are shown at the airline’s facilities in Calgary, Alta., Tuesday, May 7, 2019. , THE CANADIAN PRESS/Jeff McIntosh The era of government-mandated curbs on oil production is ending in Alberta. The province announced Friday morning it will unshackle the industry from limits on its output starting in December. The […]

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23 October

CALGARY – Alberta’s UCP government says it will end oil curtailment quotas in December, nearly two years after the previous NDP government introduced them to support oil prices. The province says it will extend its regulatory authority to continue the program for another year but doesn’t plan to use it after the end of November. […]

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23 October

CALGARY — Energy companies in Alberta will soon be permitted to produce as much as oil as they want as the province will lift curtailment in the coming weeks. According to Alberta’s ministry of energy, the provincial government will no longer set monthly production limits as of December in an effort to "utilize available pipeline […]

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22 October

2020 Rising Star Farheen Akbar Seventeen years ago, aspiring engineer Farheen Akbar left her native Bangladesh – where few opportunities existed for the determined young woman – for Montreal in order to pursue her dream. Despite not speaking French and only knowing functional English, Farheen earned a degree in electric engineering from Concordia University, completed […]

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22 October

LONDON, Oct. 22, 2020 /PRNewswire/ — Natural gas could be the single most important energy source of the next decade. For investors who want both profitability and longevity, the natural gas sector is the very first place to look. The math is simple: Big banks are fleeing oil. The coal industry is in terminal decline. […]

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21 October

Natural gas could be the single most important energy source of the next decade. For investors who want both profitability and longevity, the natural gas sector is the very first place to look. The math is simple: Big banks are fleeing oil. The coal industry is in terminal decline. And renewable energy is years or […]

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