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.
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.
Canada’s oil sands can grow, but getting the barrels out of the country is a problem. This is a constraint that has defined the sector for years. President Scott Stauth…
Oil prices surged in early Asian trade on Friday after Iran and the U.S. exchanged fire in the Strait of Hormuz, threatening to break the very fragile ceasefire that has…



