Mitchell Ferman

Ovintiv Inc. agreed to acquire Canadian oil and gas producer Logan Energy Corp. in an all-cash transaction valued at about $1.26 billion, including net debt, expanding the company's position in the oil-rich Montney formation. Denver-based Ovintiv will pay... See more

(Oct 26): EQT Corp agreed to buy Range Resources Corp in an all-stock deal for about US$12.8 billion (RM52.26 billion), creating what it says will be the largest and only vertically integrated US natural gas producer. The merged company will pump more tha... See more

(Bloomberg) -- BP Plc said net debt has already reached the company's 2027 target after surging prices drove windfall profits from energy trading and refining in the third quarter. Net debt was around $13.5 billion to $14.5 billion at the end of the perio... See more

(Bloomberg) -- BP Plc said net debt has already reached the company's 2027 target after surging prices drove windfall profits from energy trading and refining in the third quarter. Net debt was around $13.5 billion to $14.5 billion at the end of the perio... See more

Shell Plc reported record refining margins in the third quarter as disruption to fuel supplies from the Middle East and Russia tightened the market. The energy giant flagged a $42-a-barrel refining margin for the period, up from $24 in the second quarter ... See more