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Cenovus Won’t Raise Bid for Oil Sands Producer Meg
10 Sep 2025 21:34 GMT
Cenovus Energy CEO Jon McKenzie on Wednesday said his company will not raise its takeover offer for Canadian oil sands producer Meg Energy despite the emergence of a higher bid from Strathcona Resources.
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Meg Deal, Shell Swap Cement Oil Sands Consolidation Moves
09 Sep 2025 16:08 GMT
Alberta’s abundant oil sands resources continue to drive steady … Cenovus still in contention for oil sands pure-play Meg Energy despite …
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Bidding battle brewing in oil sands
09 Sep 2025 02:08 GMT
… battle is brewing in the oil sands with three major actors portraying …
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Strathcona Raises Stakes in Oil Sands M&A Fight
08 Sep 2025 22:32 GMT
Strathcona Resources is not giving up on its pursuit of Canadian oil sands producer Meg Energy, despite Meg's board of directors endorsing the C$7.9 billion (US$5.7 billion) cash-and-stock offer from Cenovus Energy last month.
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Alberta accepts new standards for oil sands mine water treatment
08 Sep 2025 19:35 GMT
… adopt new standards for oil sands mine water
Alberta is … and releasing water from oil sands tailings ponds, following recommendations … new monitoring programs. The Oil Sands Mine Water Steering Committee, … of how to handle oil sands tailings ponds has challenged …
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Canada: Athabasca Oil Sands
08 Sep 2025 12:35 GMT
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The new treaty that aims to stop fossil fuel production
11 Sep 2025 01:03 GMT
… the oil industry over the tar sands in Alberta. The Trudeau government … is ethical,” even though the tar sands produce some of the heaviest … from Standing Rock and the tar sands in the US to anti …
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South Korea Looks to Canadian Energy to Fuel its AI Ambitions
11 Sep 2025 00:02 GMT
… Alberta, targeting applications such as oil sand steam generation. In the same …
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Bloomberg News CEO: Cenovus is 'closing doors' on a higher bid for MEG Energy
10 Sep 2025 19:15 GMT
… bid for MEG Energy, an oil sands producer, despite Strathcona Resources… for MEG’s Christina Lake Oil Sands Project, due to its long …
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OPEC’s Supply Boost Sparks Concerns Over Persistent Oil Price Declines
10 Sep 2025 17:57 GMT
… in 2024. Similarly, Canada’s oil sands and Guyana’s offshore fields …