Cenovus Energy acquisition of Husky Energy : Cenovus Energy has signed an all-stock deal worth around CAD 3.8 billion ($2.9 billion) to acquire rival Canadian oil and gas company Husky Energy. The operations of Cenovus Energy include oil sands projects across northern Alberta in Canada. The company also has natural gas and oil production in […]
Prince George Refinery sale : Husky Energy has agreed to sell its Prince George oil refinery in British Columbia, Canada to Tidewater Midstream and Infrastructure in a deal worth up to CAD 275 million. The consideration for the Prince George Refinery sale includes CAD 215 million in cash along with closing adjustment for inventory, and a […]
Energy acquisition news : Husky Energy has cancelled its previously announced offer of buying out Canadian oil sands company MEG Energy for C$6.4 billion ($5 billion) owing to multiple reasons including a failure to get enough shareholder support. The offer to acquire the Canadian oil sands company was made in September 2018, which expired this […]