Cenovus said it expects to find $150 million in annual synergies in 2026, increasing to $400 million a year by 2028.

If you are visiting Banff soon, be prepared for some construction in its downtown core as the town replaces some of its ...

Your next home could be a real statement piece in a far corner of northeast Edmonton, complete with its own waterfall and ...

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

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

Imperial Oil has already delivered massive gains over the last five years, but here’s why it may still have more fuel in the ...

Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at $7.9 billion, ...

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 Energy is buying rival MEG Energy for 7.9 billion Canadian dollars, about $5.68 billion, the latest consolidation move in Canada's oil patch as producers bulk up in the country's vast ...

Canada's Cenovus Energy announced on Friday it will acquire MEG Energy in a C$7.9 billion ($5.68 billion) cash-and-stock deal, ending weeks of speculation that it would emerge as a white knight for ...