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Ovintiv to add Montney assets, simultaneous Uinta divestiture makes for minimal cash outlay

Oil & Gas
November 14, 2024

Ovintiv Inc., Denver, has agreed to acquire certain Montney assets from Paramount Resources Ltd., Calgary, in a deal valued at about $2.377 billion and has offset the deal with another to divest Uinta assets for $2 billion.

Oil & Gas
September 22, 2026

Prague Caps Fuel Prices, Taxes Orlen’s ‘Windfall’ Refining Margins

The Czech government will reinstate price caps on gasoline and diesel from October 1 and tax refiners on 50% of any margin increase over 2025 levels, Reuters reported Monday, as…

Oil & Gas
September 22, 2026

Hormuz Blockage Puts Qatar’s $83 Billion LNG Bet at Risk

QatarEnergy CEO and Qatar Energy Minister Saad al-Kaabi says the Strait of Hormuz crisis could delay the company’s LNG expansion because critical equipment cannot reach Qatar, Reuters reported on Monday.…