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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
August 12, 2026

France’s Power Prices Jump 22% as Heatwave Trims Nuclear Output

The new heatwave in France is curbing nuclear power generation in Europe’s biggest nuclear electricity supplier and leading to spiking day-ahead power prices. France’s day-ahead power prices soared by as…

Oil & Gas
August 11, 2026

Ukraine Drone Attack Hits Major Oil Refinery Deep Inside Russia

Ukraine’s military claimed another drone attack on an oil refinery in Russia in the early hours on Tuesday as Ukrainian forces continue to target Russia’s energy producing and exporting infrastructure…