“The MEG board has just agreed to a take-under by Cenovus. The price reflects about a dollar per share less than current the ...

Cenovus acquires MEG Energy for CAD$7.9B, boosting reserves & synergies with CAD$400M+ savings. Read here for the deal's ...

Cenovus Energy is acquiring MEG Energy for C$27.25/share, unlocking value from Christina Lake assets with 75% cash, 25% ...

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 ...

“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 ...