Tag: oil

Cenovus to amass Athabasca Oil in C$5.7-billion deal

(WO) — Cenovus Vitality has agreed to amass Athabasca Oil Company in a cash-and-stock transaction valued at roughly C$5.7 billion (US$4.1 billion), increasing its oil sands place and including about 45,000 boed of...

Baker Hughes indicators Venezuela offers focusing on oil, gasoline and LNG growth

(WO) — Baker Hughes has signed two agreements geared toward supporting oil and gasoline growth and increasing pure gasoline infrastructure in Venezuela, together with a strategic alliance with state-owned PDVSA targeted on gasoline...

Strait of Hormuz oil shipments hit six-month excessive, U.S. commander says

(Bloomberg) — Oil and liquefied pure fuel shipments by the Strait of Hormuz over the previous two weeks reached their highest stage in six months, signaling that U.S. naval safety and mine-clearance efforts...

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