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Top BOE Report News
Business · CalgaryCenovus Energy Inc. said on Wednesday it had built up a 9.8% stake in MEG Energy over the past week, days before MEG shareholders are expected to vote on a Cenovus takeover offer that could put an end to a two-month-long bidding war. Cenovus Energy on Wednesday revealed it had bought an additional 3,276,460 common shares of MEG Energy through the facilities of the Toronto Stock Exchange or other Canadian alternative exchanges or markets. Fol…See the Story
Cenovus Boosts MEG Energy Stake Ahead of Crucial Takeover Vote
63% Left coverage: 24 sources
SanctionsA model of oil pump jack stands next to a logo of China Petroleum & Chemical Corporation, or Sinopec, at the company’s booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 11, 2025. Photo: REUTERS/Maxim Shemetov The latest US sanctions on Iranian petroleum exports deal a blow to Chinese refining giant Sinopec by targeting a terminal through which the state major handles one-fifth of its crude oil imports,…See the Story
Latest US Sanctions on Iranian Oil Deal Blow to China's Sinopec
Coverage: 2 sources
Oil and Gas Sector · CalgaryOne of MEG Energy Corp.’s largest shareholders sold its position ahead of a key vote on a takeover offer for the company, concerned that competing bids from both Cenovus Energy Inc. and Strathcona Resources Ltd. may fall apart.See the Story
Ninepoint Exits MEG Energy Stake Ahead of Cenovus Deal Vote
100% Left coverage: 1 sources
