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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
February 3, 2026

BP Shareholders Demand Proof That Fossil Fuel Pivot Will Pay

A group of institutional shareholders in BP, featuring pension funds and an activist investment outlet, has filed a resolution demanding details on how exactly the company’s return to its core…

Oil & Gas
February 3, 2026

India’s Russian Oil Dilemma Threatens to Shake Global Markets

The immediate suspension of crude oil imports from Russia on the part of India would present a major disruption for global oil markets, Moody’s warned today, following the announcement of…