Tag: Oil and Gas
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Battle to Buy MEG Energy: Key Events Shaping Canada’s Oil Sands Saga
Overview: A High-Stakes Fight for MEG Energy The contest to acquire MEG Energy, a major player in Canada’s oil sands, has evolved through a series of public maneuvers, boardroom decisions, and shareholder votes. As a vote by MEG Energy shareholders looms on Thursday, market analysts and industry observers are closely watching how the sequence of…
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Sunoco Completes Cash-and-Stock Deal to Buy Parkland
Sunoco Finalizes Acquisition of Parkland in a Historic Energy Deal Sunoco LP has closed its long-anticipated acquisition of Parkland Corp., a deal that reshapes North America’s energy landscape. Valued at US$9.1 billion including assumed debt at the time of announcement in May, the cash-and-stock transaction represents a significant move for both companies as they align…
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Economic hurdles could sink Woodside’s Browse gas project
The economic stakes behind Woodside’s Browse project Oil and gas giant Woodside has long eyed the Browse offshore gas fields off Western Australia as a potential game changer for Australia’s energy landscape. Yet as opposition to the project has largely focused on its environmental footprint—near Scott Reef, potential coral damage, and carbon emissions—another critical factor…