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Husky Energy ( OTCPK:HUSKF ) made an offer to buy out MEG Energy ( OTCPK:MEGEF ) on September 30, 2018, at a 37% premium to MEG's share price, offering a combination of cash and stock. On October 17, 2018 MEG's board rejected the offer , arguing that it undervalued MEG. Despite a subseque...
Alberta's government says it signed contracts with Canadian National (NYSE: CNI ) and Canadian Pacific (NYSE: CP ) railroads to lease 4,400 rail cars , in its latest move to clear a glut of oil sands crude that has depressed prices. More news on: Canadian National Railway Company, Canadia...
Alberta's provincial government says it will ease mandatory oil production cuts in February and March, earlier than expected, saying its actions have eased a glut of crude. More news on: Canadian Natural Resources, Ltd., Suncor Energy Inc., Imperial Oil Ltd, Energy stocks news, Read ...
Husky Energy ( OTCPK:HUSKF +0.7% ) resumes production from its SeaRose floating production, storage and offloading vessel at the White Rose oilfield offshore after the Canada-Newfoundland Offshore Petroleum Board approved its plan to plug a failed flowline connector. More news on: Husk...
Canadian crude-by-rail loadings hit a record 356K bbl/day in the week ended Jan. 11, up from a daily average of 296K bbl/day last month, Bloomberg reports, even as heavy Western Canadian Select’s discount to the U.S. benchmark reaches a level that makes rail transport inefficient. ...
Husky Energy ( OTCPK:HUSKF ) closed +14% while MEG Energy ( OTCPK:MEGEF ) plunged 36% in today's trade following Husky's failed hostile takeover bid , but analysts seem to believe both are losers . More news on: Husky Energy Inc., Meg Energy Corp., Energy stocks news, Merger &...
Canadian crude prices have rallied to trade at the smallest discount to U.S. oil in a decade, as Western Canadian Select has surged 40% since early December , when the Alberta's provincial government forced producers to cut output by nearly 9% in a bid to boost depressed prices. More n...
Husky Energy ( OTCPK:HUSKF ) says it will drop its hostile takeover bid for MEG Energy ( OTCPK:MEGEF ) after its minimum tender threshold was not achieved before yesterday's 5 p.m. ET deadline. More news on: Husky Energy Inc., Meg Energy Corp., Energy stocks news, Merger & acqui...
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Shares of Canadian integrated oil and natural gas driller Cenovus Energy (NYSE: CVE) dropped just shy of 15% as trading opened on Oct. 26. Meanwhile, Canada's Husky Energy (NASDAQOTH: HUSKF) rose as much as 20% at one point. By noon EDT, Cenovus was down by around 12%, but H...
New York City, NY: April 16, 2020 – Published via (Wired Release) – Recent Research and Future Market Potential of Commercial Ice Cream Freezers Market in Global Industry: 2020 Research and New Innovations in Machines Sector. The prime objective of the report is to offer updates ...
New York City, NY: April 16, 2020 – Published via (Wired Release) – Recent Research and Future Market Potential of Car Organizer Market in Global Industry: 2020 Research and New Innovations in Automotive Sector. The prime objective of the report is to offer updates and informatio...