Saturday 18 May 2024
 
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Suncor

Taqa acquires Alberta assets for $274m

Taqa North, a subsidiary of the Abu Dhabi National Energy Company (Taqa), has acquired a portion of Suncor Energy Oil and Gas Partnership's interests in West Central Alberta. The total cost of the aquisition is CDN $285 million (US$274

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Suncor to buy Petro-Canada for $15bn

Suncor Energy has agreed to buy rival Petro-Canada to create Canada's largest oil company, as the pair seek to tackle tough conditions in the oil sands industry by slashing costs. Suncor will pay C$18.43 billion ($14.9 billion) for PetroCa

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