Canadian oil and gas producer, Tourmaline Oil Corporation (Tourmaline), has acquired fellow oil and gas company, Jupiter Resources, in an all-stock deal reported at approximately $476 million, inclusive of debt.
Canadian producers are rigorously producing extra crude in an attempt to try and offset a dire year for the Canadian oil industry.
Cenovus Energy and Husky Energy have announced a transaction to create a new integrated Canadian oil and natural gas company with an integrated upstream and downstream portfolio which will provide increased funds. ...
Canada’s most prolific oil-producing province, Alberta, is set to increase its crude production in December ahead of schedule as coronavirus-related shutdowns ease congestion.
One of the largest independent producers of crude oil and condensate in North America, Ovintiv Canada ULC, has finalized an agreement with PetroChina Canada (PCC) to terminate the parties' joint venture (JV) and t ...
US supermajor ConocoPhillips has announced its completion of the Montney acreage acquisition in Canada from Kelt Exploration for a total of $390 million.
Aker Solutions has been awarded a five-year engineering, procurement, and construction (EPC) contract extension by ExxonMobil for the Hebron platform in Canada.
Saudi Arabia’s petroleum exports worldwide will not be affected by the ongoing diplomatic dispute between the kingdom and Canada, Energy Minister Khalid Al-Falih affirmed on Thursday.
Oil prices rose on June 27 after US officials ramped up pressure on its allies to end imports of Iranian crude by November.
Canadian firm SNC-Lavalin has won a contract for with Dubai-based Florexx International Investments for the basic engineering, design and construction of an advanced topping refinery in the UAE.
