Oil & Gas and Mining News

CALGARY — Oilsands giant Cenovus Energy Corp. has been cited by industry watchers as one of the potential competing bidders for MEG Energy Corp., which has spurned an unsolicited offer from Strathcona Resources Ltd.

CALGARY — Pembina Pipeline Corp. says it has reached a settlement with shippers on fees and revenue sharing for its Alliance pipeline.

CALGARY — Whitecap Resources Inc. says it's made good progress toward integrating the people and assets it acquired through its combination with Veren Inc. this spring.

CALGARY — Whitecap Resources Inc., fresh off its $15-billion combination with Veren Inc., has reported higher revenues and oil and gas production in its latest quarterly results. The Calgary-based oil and gas producer says net income was $310.

HUNTSVILLE, ONTARIO, CANADA — Prime Minister Mark Carney and the country's premiers downplayed the importance of a looming Aug. 1 deadline in trade talks with the U.S. on Tuesday, saying the objective is to get the best possible deal for Canadians.

EDMONTON — Environmental lawyers are asking Alberta's ethics commissioner to investigate an energy regulator board member and adviser to Premier Danielle Smith for conflicts of interest.

VANCOUVER — Coastal First Nations in British Columbia have issued an open letter to Prime Minister Mark Carney, asking him to reject any new proposal for a crude oil pipeline to the northwest coast.

CALGARY — Enbridge Inc. is adding to its renewable energy portfolio with a US$900-million solar project in Texas that will supply the data centre operations of Meta Platforms Inc.

HOUSTON (AP) — Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.

CALGARY — Canadian oil and gas drillers that import vast amounts of sand from the United States are getting relief from counter-tariffs that could have added heavy costs to industry.