Oilsands & Heavy Oil
Brookfield wins Inter Pipeline’s backing for $8.6 billion deal
Wednesday, July 28, 2021, 6:26 AM MDT
Inter Pipeline Ltd. told shareholders to accept a C$8.6 billion ($6.8 billion) hostile takeover offer from Brookfield Infrastructure Partners LP,…
Brookfield confident in offer for Inter Pipeline after Pembina terminates rival bid
Tuesday, July 27, 2021, 6:12 AM MDT
Brookfield Infrastructure Partners LLP said it's confident its hostile bid for Calgary-based Inter Pipeline will be successful now that Pembina…
MEG boosts 2021 production guidance on strong six months and Q2 profits
Monday, July 26, 2021, 6:02 AM MDT
MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on…
Top Indian oil refiner betting on robust future for fossil fuels
Friday, July 23, 2021, 6:31 AM MDT
India’s biggest oil refiner says fossil fuels will continue to be key part of the nation’s energy mix as it…
Advisory firm urges shareholders to support Brookfield's bid for Inter Pipeline
Tuesday, July 20, 2021, 5:55 AM MDT
Prominent shareholder advisory firm ISS is recommending Inter Pipeline investors reject the company's proposed sale to Pembina Pipeline Corp. ISS…
Pembina declines to raise offer in battle over Inter Pipeline
Monday, July 19, 2021, 6:33 AM MDT
Pembina Pipeline Corp. said it wasn’t going to sweeten its bid for Inter Pipeline Ltd. one day after a new…
Brookfield’s bid for Inter Pipeline shifts focus to Pembina
Friday, July 16, 2021, 5:36 AM MDT
Brookfield Infrastructure Partners LP’s decision to raise its hostile cash-and-stock offer for Canada’s Inter Pipeline Ltd. to C$8.6 billion ($6.9…
Oil refiners in China log another record in challenge to U.S.
Thursday, July 15, 2021, 6:25 AM MDT
Chinese oil companies processed a record volume of crude in June, offering further signs that Asia’s largest economy may surpass…
Brookfield Infrastructure boosts hostile bid for Inter Pipeline
Thursday, July 15, 2021, 6:19 AM MDT
Brookfield Infrastructure Partners LP raised its hostile offer for Inter Pipeline Ltd. to C$8.6 billion ($6.8 billion) in cash in…
Brookfield says it may sweeten pipeline bid after Alberta ruling
Tuesday, July 13, 2021, 6:33 AM MDT
Brookfield Infrastructure Partners LP said it’s considering “further enhancements” to its hostile takeover bid for Inter Pipeline Ltd., one day…
Regulator says Brookfield used 'abusive' tactics in hostile bid for Inter Pipeline
Tuesday, July 13, 2021, 5:57 AM MDT
Alberta's securities regulator has said Brookfield Infrastructure Partners LP used “abusive'' tactics in its attempt to acquire Calgary-based Inter Pipeline…
Oilsands carbon cuts come with $60 billion bill, loose ends
Thursday, July 8, 2021, 6:14 AM MDT
It will cost about C$75 billion ($60 billion) to zero out greenhouse gases from oilsands operations by 2050, with a…
