Shareholders are expected to vote on the proposed $7.9-billion deal in October, but there is another company vying to take ...

Energy Secretary Chris Wright (front) and Interior Secretary Doug Burgum (right) head back into the West Wing after speaking ...

Shares of energy companies rallied after Federal Reserve Chairman Jerome Powell laid the groundwork for a potential rate cut in September during his speech from a Wyoming symposium. Oil futures rose ...

Toronto stocks went resolutely up Friday to end a successful week, led by tech and energy stocks, as news also came in from the trade front involving neighbours Canada and the U.S. The TSX Composite ...

Strathcona Resources will vote against Cenovus Energy's C$7.9B acquisition of MEG Energy, founder Adam Waterous said.

“OIPC supports the responsible use of AI in Alberta because we recognize that, although there are risks to its use, there are ...

MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.9 ...

Equities in Canada jumped over 1% to achieve a record high on Friday, led by technology and energy shares, after U.S. Federal ...

CALGARY - MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc.

Cenovus Energy has entered into an agreement with MEG Energy to acquire the company. They will acquire common shares at $27.25 per share.

Cenovus will acquire MEG Energy for $7.9B, creating one of Canada's largest oil sands producers. Deal includes cash and stock ...

Shares of Cenovus Energy rose by 4.1% to C$22.03 after it said it agreed to a C$7.9 billion deal to buy MEG Energy in a move that sets the stage for a larger pure-play producer focused on the Canadian ...