Ovintiv has agreed to acquire Paramount Resources' Montney assets for $2.37 billion, continuing a wave of consolidation in the Canadian oil and gas industry.

The energy sector will take confidence in Trump's support for new permitting authorities. But unless the market conditions ...

Ovintiv strengthens its Montney shale portfolio with Paramount Resources acquisition, expects increased free cash flow and ...

With U.S. President-elect Donald Trump two months away from taking office and able to act on his campaign promises, energy ...

Shale producer Ovintiv OVV-T announced a $2.38-billion all-cash acquisition of oil assets from Paramount Resources POU-T on ...

It has reportedly hired investment banks to assess its options, with the transaction likely to take place in 2025.

Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...

Irvin Plant is the site of promised upgrades of at least $1 billion if Nippon Steel acquires U.S. Steel. Big Marcellus Shale owner urges acquisition target's shareholders ...

Canadian Natural Resources acquires Chevron’s shale assets for $6.5 billion. The UAE’s Adnoc purchases Convestro for $16.4 ...

ExxonMobil has reached an agreement to divest its conventional oil drilling assets in the Permian Basin, located in Texas and ...

Shale E&P companies are demonstrating financial resilience and the ability to generate strong cash flows, even at lower oil ...

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