MEG Energy Company News

The Canadian oil sands are emerging from 2020's historic market crash with a slew of upbeat outlooks from Wall Street equity analysts.

Alberta's advantage may lie in its abundant reserves of the very fuels that hydrogen is meant to replace.

Canada's oil-sands companies have been ramping up efforts to get their peanut butter-like bitumen to flow through pipelines more easily and cheaply.

Fresh off defeating a hostile takeover bid, MEG Energy is slashing capital spending and reviewing the makeup of its board.

MEG Energy Corp. looks to be on its own again after Husky Energy Inc. pulled its hostile bid for the Canadian oil-sands producer.

The sun will come out tomorrow, or at least some time next year. That's the message from Canadian oil producers suffering from the worst domestic glut in at least a decade.

MEG Energy Corp. rejected a $2.3 billion hostile takeover by Husky Energy Inc. and plans to start a strategic review with an eye to finding another buyer.

MEG Energy has agreed to sell some pipeline and storage assets in Alberta to Wolf Midstream.

Most Canadian oil sands producers are expected to book losses or post sharp drops in profit in the coming quarters.

MEG Energy Corp reports a larger-than-expected loss in the third quarter.

In a week when oil prices are rallying, financial results from one of the world’s costliest places to extract crude are a reminder of how bad things have been for energy producers.

Canadian oil sands producer MEG Energy Corp posts a bigger quarterly loss, hurt by lower oil prices and strong US dollar.

Canadian oil sands producer shifts maintenance at northern Alberta plant, saying the reservoir may naturally decline if weak prices persist.

MEG Energy says it was suspending operations at its 80,000 barrel per day Christina Lake oil sands project and evacuated non-essential staff as wildfires rage through northeastern Alberta.

Upon releasing its 2005 annual results, CNOOC Limited said that the company's net income reached RMB 25.3 billion (US$3.14 billion), an increase of RMB 9.18 billion (US$1.1 billion) or 57 percent from 2004.

CNOOC has signed an will acquire a 16.69% stake in MEG Energy, which is a pure play oil sands company.