Apr 17, 4:00PM CDTPartnership Content Nutrien Ltd. (TSXandNYSE:NTR) has received notice of an unsolicited “mini-tender” offer made by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to 1,000,000 Nutrien […]
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Suncor Energy To Acquire TotalEnergies’ Canadian Operations For $5.5 Billion, Plus Additional Potential Payments Up To An Aggregate Maximum Of $600 Million
All financial figures are in Canadian dollars, unless noted otherwise Transaction includes the remaining 31.23% working interest in Fort Hills and 50% working interest in Surmont Adds 135,000 barrels per […]
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Imperial Oil Reports Q1 Profit Up From Year Ago, Raises Quarterly Dividend
Imperial Oil Ltd. is raising its quarterly dividend as it reported it earned $1.25 billion in its first quarter, up from $1.17 billion in the same quarter a year earlier. […]
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Oil Futures Settle Sharply Higher
Published: 4/28/2023 3:17 PM ET Crude oil prices rose sharply on Friday as traders weighed crude supply and near-term energy demand prospects. Data from the Energy Information Administration showed crude production […]
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TSX Ends On Firm Note For 2nd Straight Day
Published: 4/28/2023 5:59 PM ET The Canadian market ended on a firm note on Friday, extending gains from the previous session, thanks largely to strong buying in the energy sector as […]
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California bans the sale of new diesel trucks by 2036
California regulators on Friday voted to ban the sale of new diesel big rigs by 2036 and require all trucks to be zero-emissions by 2042, a decision that puts the […]
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Exxon delivers record first-quarter profit on higher output (Owns IMO)
Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double a year ago and topped Wall Street estimates as rising oil and gas output overcame a […]
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US consumer spending flat in March; core inflation still strong
WASHINGTON – U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, which could see the Federal Reserve raising interest rates again next month. The unchanged reading […]
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Suncor In $4.1B Deal To Buy TotalEnergies’ Oilsands Operations
Calgary-based Suncor Energy will acquire French TotalEnergies’ Canadian operations in a US$4.1-billion deal. Suncor says the deal will boost its per day production capacity by 135,000 barrels. The sale is […]