Cenovus Energy said on Friday it will acquire MEG Energy in a cash-and-stock deal worth C$7.9 billion ($5.68 billion), including debt, creating one of Canada’s largest oil sands…
Argentine president Milei’s administration suffered a major legislative blow after the Senate rejected a dozen presidential decrees at once and passed spending increases for public universities, highlighting the…
China Concord Resources Corp (CCRC) is developing two oilfields in Venezuela with investment plans exceeding $1 billion and ramping up crude production to 60,000 barrels per day (bpd)…
Workday (NASDAQ: WDAY) shares fell 6% on Friday’s session after the human resources and finance software company delivered fiscal second-quarter results that beat analyst expectations but issued third-quarter…
Global crude and condensate departures remained high in the first half of August, reaching approximately 41 million barrels per day, Vortexa said in an update. The figure is 2%…
The United States and European Union on Thursday released new details of their trade framework, providing clarity on tariffs for sectors including pharmaceuticals, semiconductors, and autos after weeks…
Shares of WH Smith plunged by nearly 40% on Thursday after the travel retailer revealed it had overstated earnings at its North American division, forcing a steep downgrade…
Shares of beauty giant Coty fell more than 21% in premarket trading on Thursday after the CoverGirl and Gucci fragrances owner projected a steep sales decline for the…
The US Department of Labor came out with its weekly unemployment numbers on Thursday. New claims went up by 11,000 to 235,000 for the week ending August 16,…