Oil & Gas Network

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Market Update

Suncor and Petro-Canada - A Sign of Things to Come?
April 02/09
Suncor Energy's acquisition of Petro-Canada in a $15.9B all share deal will create North America's fifth largest oil and gas producer and give added impetus to consolidation in Alberta's oil sands. Read More!

Oil giants pull bids for Alberta's carbon capture funding
Many of Alberta's largest oilsands producers have abandoned their bids for a share of the government's$2 billion in spending on carbon capture projects -- the province's primary response to criticism of increasing greenhouse gas emissions. Read More!

Canadian oil, gas entities fight for their lives
Mar 25/09
CALGARY -- As oil sands developer BA Energy Inc. seeks help from an Alberta court Friday to prevent a fire sale of its assets and appease nervous bankers, it joins a growing list of Canadian oil and gas companies fighting for their lives amid the credit crunch.  Read More!


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