Thursday 26 December 2024
 
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Petro-Canada

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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Taqa names new chief financial officer

The Abu Dhabi National Energy Company (Taqa), a publicly listed company on the Abu Dhabi Securities Market, has named Doug Fraser its chief financial officer. Fraser has enjoyed a 27 year career within the Canadian energy industry.&nb

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