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25.09.26 - 21:42
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Canada′s Oil Patch On Track For Biggest M&A Wave In A Decade (ZeroHedge)
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Canada's Oil Patch On Track For Biggest M&A Wave In A Decade
Authored by Alex Kimani via OilPrice.com,
Nearly a decade ago, the Canadian Oil Patch recorded a major asset sale and consolidation wave as oil majors exited the oil sands in favor of higher margins in U.S. shale oil as well as environmental concerns amid the ESG investing craze.
To wit, Shell Plc (NYSE:SHEL) sold the majority of its oil sands interests to Canadian Natural Resources Ltd. (NYSE:CNQ) in 2017 a transaction valued at roughly $11.1 billion CAD ($8.5 billion USD), while Cenovus Energy (NYSE:CVE) acquired most of ConocoPhillips' (NYSE:COP) Canadian assets for C$17.7 billion (approximately US$13.2 billion). And now a similar dynamic is unfolding across Canada's energy sector: Canada's oil patch has recorded over $30 billion in mergers and acquisitions so far in the current year, with Wall Street projecting that this year's final tally will surpass the $53 billion recorded in 2017. However, this year's M&A wave is funda...
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25.09.26 - 20:09
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Wadephul: Vertiefte Beziehung zu Kanada wichtig (DPA-AFX)
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OTTAWA (dpa-AFX) - Außenminister Johann Wadephul hat angesichts der Diskussion über eine mögliche assoziierte Mitgliedschaft Kanadas in der Europäischen Union dazu aufgerufen, sich nicht auf Worte zu fokussieren. "Aus meiner Sicht geht es dabei weniger ......
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25.09.26 - 13:36
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Canadian Dollar Falls As Crude Oil Prices Slide (AFX)
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CANBERA (dpa-AFX) - The Canadian dollar weakened against other major currencies in the Asian session on Friday, as the crude oil prices retreated from recent highs following reports that Iran has ......
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25.09.26 - 09:54
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Canadian Dollar Falls Against Majors (AFX)
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CANBERA (dpa-AFX) - The Canadian dollar weakened against other major currencies in the Asian session on Friday. The Canadian dollar fell to nearly a 2-1/2-month low of 1.4154 against the U.S. doll......
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25.09.26 - 05:57
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Wadephul in Kanada - Sicherheit und Verteidigung im Zentrum (DPA-AFX)
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OTTAWA (dpa-AFX) - Außenminister Johann Wadephul besucht an diesem Freitag Kanada - und unterbricht dafür seine Teilnahme an der Generaldebatte der Vollversammlung der Vereinten Nationen in New York. In der Hauptstadt Ottawa will der CDU-Politiker unter ......
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25.09.26 - 03:27
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′Covered In Blood′: Family Says Canada Euthanized Christian Grandmother Against Her Will (ZeroHedge)
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'Covered In Blood': Family Says Canada Euthanized Christian Grandmother Against Her Will
An 83-year-old Christian grandmother in Ontario was euthanized under Canada's Medical Assistance in Dying (MAID) program this summer, and her family says she never gave her final consent, Fox News reports.
Brigitte Kranendonk gestures with her grandmother Brigitte Stegemann. (Family Handout)Brigitte Stegemann died by lethal injection on July 10 at The Pearl, a care home in Cannifton, Ontario, after being diagnosed with Stage IV stomach cancer.
Family members claim that Stegemann, a devout Christian, had already turned down MAID because it went against her faith.
"No, I don't want that," Stegemann told relatives, according to the family, who said that her wish was to die naturally.
Stegemann's granddaughter and longtime caregiver, Brigitte Kranendonk, said the process moved forward anyway, and sped up while she was away on vacation.
The family alleges later assessments showed Stegemann couldn...
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