Suncor to buy Petro-Canada for $15bnSuncor 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 More… |
Taqa names new chief financial officerThe 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 More… |