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(World Oil) – Cenovus Energy has agreed to acquire Athabasca Oil Corporation in a cash-and-stock transaction valued at approximately C$5.7 billion […]
Takeover adds 45,000 boe/d of Alberta thermal output and closes in December
Athabasca Oil has 40,000 barrels per day of oilsands production currently, but Cenovus Energy sees the opportunity to ratchet that up to 115,000 by 2032.
Tighten their grip on northern Alberta in back-to-back announcements
Suncor is selling offshore assets in Atlantic Canada as it focuses on its oilsands holdings, while Cenovus is buying a smaller peer to grow its own footprint in northern Alberta.
(World Oil) – Ovintiv has entered into more than 60 transactions totaling approximately $460 million so far in 2026, adding about 41,000 net acres and 240 drilling […]
(World) – Tamarack Valley Energy and Headwater Exploration have agreed to merge in an all-stock transaction valued at approximately US$7.2 billion (C$10 billion), creating the […]
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a […]
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a […]
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a […]
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a […]
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a […]
(Oil Price) – Imperial Oil chief executive John Whelan has stated his opposition to Alberta separatism, making this the first […]
The premier's list of things Canada could cut off runs straight through one company's fuel chain.
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a […]
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a […]
British oil and gas company Ithaca Energy is investing £650million in Canadian waters as it diversifies away from the heavily taxed UK North Sea.
(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a […]
(World Oil) – Canadian oil sands production is expected to average a record 3.5 MMbpd in 2026, up approximately 100,000 bpd, […]
(Oil & Gas 360) High-margin, oil-weighted production and significant Tier 1 inventory adjacent to existing operations Attractive acquisition returns and […]
(Oil & Gas 360) – Canada’s proposed expansion of crude oil export infrastructure could create new opportunities for energy producers and […]
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