TotalEnergies will sell its stake in a major oil sands project to ConocoPhillips, while its Canadian E&P arm will be bought by Suncor in deals worth over $4bn.
The US Supreme Court turned away oil-company appeals that sought a key procedural edge in about two dozen lawsuits blaming the industry for contributing to climate change.
Concerns around the windfall tax may see some companies look beyond the UK for M&A deals – but not Norway’s Equinor (OSLO: EQNR).
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
With Suncor (NYSE: SU) and ONE-Dyas looking to sell off their UK portfolios, analyst firm Welligence has suggested the Buzzard hub may be an "appealing proposition" for a raft of key buyers.
Canada has energy resources of a scale that its neighbour next door covets and guzzles with abandon. There is a great deal of mutual cross-border dependence but it wasn’t always that way.
EnQuest has completed its acquisition of Suncor’s stake in the Golden Eagle field in the UK North Sea.
London-listed oil firm EnQuest today announced details of a £36 million equity raise intended to help it pay for a UK North Sea acquisition.
With any energy transition, there is a need to bring about wholescale change, from the up, to the mid and the downstream.
At the start of the new tax year, we explore the financial landscape of the energy sector.
Exploration and production firm EnQuest managed to reduce its debt pile to its lowest level since 2014 and narrow its losses in 2020 despite the oil price slump.
EnQuest has struck a deal to buy Canadian firm Suncor's 26.69% stake in the Golden Eagle area of the UK North Sea for £240 million.
Canada’s Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according to people with knowledge of the matter.
Siccar Point Energy Ltd., the North Sea oil producer backed by Blackstone Group Inc., has received final bids from suitors including Chrysaor Holdings Ltd. and Equinor ASA, people with knowledge of the matter said.
Suncor chief executive Steve Williams will retire at the Canadian energy firm's annual general meeting in May.
Enbridge Inc.’s decision to implement and then scrap new rules governing Canada’s biggest export pipeline system sent crude prices on a record roller coaster move this week, earning the pipeline operator both friends and enemies.
Faroe Petroleum said today that it had completed the sale of its 17.5% working interest in the Fenja field in the Norwegian Sea.
Faroe Petroleum has boosted its balance sheet after selling part of a Norwegian Sea field.
French energy giant Total announced today that first oil had sprung from the Fort Hills oil sands project in Canada.
Canadian energy firm Suncor said today that its third quarter profits had gone up thanks to record production from its oil sands.
A contractor has died after being buried on site at a Suncor oilsands mine near Fort McMurray in Edmonton.
More than 120 birds were killed at an oil sands mine operated by Suncor in Canada, the Alberta Energy Regulator (AER) said.
Chinese-owned Nexen has been unveiled the biggest tax spender in the UK North Sea during the first year of the oil and gas industry slump.
Suncor Energy will get a $657million payout after a Canadian tax court ruled in its favor.