CALGARY - Cenovus Energy Inc. says a vote by MEG Energy Corp. shareholders on its proposed takeover offer is being postponed after it appeared to be on course to fall short of the required two-thirds majority to be approved. The company said Tuesday at the time of the postponement that about 63 per cent of the MEG shares represented by proxy or expected to be voted in person at the meeting backed the bid. Cenovus says Strathcona Resources Ltd., which owns a 14 per cent stake in MEG and [Read more]
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Special meeting of MEG shareholders to vote on Cenovus transaction postponed to Thursday, October 30, 2025
CALGARY, Alberta, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that the special meeting of holders of common shares of MEG Energy Corp. (“MEG”) related to Cenovus’s proposed acquisition of MEG has been postponed, pursuant to Cenovus exercising its contractual postponement right, from October 22, 2025, to October 30, 2025. The deadline for submitting proxies has been extended to October 29, 2025, at 9:00 a.m. (Calgary Time). At the time of the [Read more]
Halliburton beats quarterly profit estimates on steady North America drilling demand
Halliburton beat Wall Street estimates for third-quarter profit on Tuesday, helped by steady demand for its oilfield equipment and services in North America. Quarterly revenue from its North America segment was $2.4 billion, flat from a year earlier, but above analysts' average estimate of $2.17 billion. Halliburton said the results were supported by increased stimulation activity in U.S. land and Canada, and higher completion tool sales and increased wireline activity in the Gulf of [Read more]
MEG Announces Postponement of Special Meeting of Shareholders to Vote on the Cenovus Transaction to Thursday, October 30, 2025
Approximately 63% of the MEG Shares represented by proxy or expected to be voted in person at the Meeting are FOR the approval of the Cenovus Transaction, despite opposition from Strathcona which is assumed to have voted against the Cenovus Transaction The Meeting has been postponed, pursuant to Cenovus exercising its contractual postponement right, to Thursday, October 30, 2025 at 9:00 a.m. (Calgary Time) to allow MEG Shareholders additional time to deposit their proxies and vote [Read more]
Kazakhstan’s largest oilfield to return from maintenance on October 24, minister says
Kazakhstan's Chevron-led Tengiz oilfield, the country's largest, has been undergoing maintenance which is due to be completed on October 24, Energy Minister Erlan Akkenzhenov told Reuters on Tuesday. Tengizchevroil (TCO), Kazakhstan's largest producer, reached record monthly output of 3.715 million metric tons, or around 953,000 barrels per day, in August at the field. An industry source said the field had reduced oil production in the first 19 days of October by around 27% from [Read more]
China gets tenth cargo from Russia’s Arctic LNG 2 despite sanctions
China has received a tenth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, LSEG and Kpler data show, despite U.S. and EU sanctions imposed on the project. The Arctic Mulan tanker, which is also under Western sanctions, berthed at the Beihai LNG Terminal in the southwestern region of Guangxi on October 17, Kpler data showed. Its registered owner is Zinnia International and its commercial manager is Skyhart Management Services, both with registered addresses in [Read more]
Japan to act in national interest on Russian energy, says industry minister
Japan's Trade Minister Yoji Muto said on Tuesday that the country will act appropriately based on its national interest, while maintaining close coordination with the international community, when asked about Russian energy imports. Last week, U.S. Treasury Secretary Scott Bessent said he told Japanese Finance Minister Katsunobu Kato that the Trump administration expects Japan to stop importing Russian energy. U.S. President Donald Trump is expected to visit Asia later this month. Tokyo [Read more]
Clearview Announces Completion of Sale Transaction
Calgary, Alberta--(Newsfile Corp. - October 20, 2025) - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce the successful completion of its previously announced sale transaction with a publicly traded oil and gas company (the "Purchaser") by way of plan of arrangement under section 193 of the Business Corporations Act (Alberta) (the "Transaction"), pursuant to which the Purchaser has acquired all of Clearview's issued and outstanding Common shares (the "Clearview [Read more]
Venture Global ready to introduce natural gas into final part of Plaquemines LNG plant, filing shows
Venture Global has asked federal regulators for permission to introduce natural gas by Thursday into the final block of its Plaquemines LNG plant, according to a regulatory filing on Monday. If the Federal Energy Regulatory Commission grants the permission, Venture Global will soon be producing LNG from its entire Plaquemines plant, more than a year ahead of when it is expected to provide its first set of long term customers with their contracted amounts of gas. Completion of the [Read more]
Highwood Asset Management Ltd. announces operational update
/NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRES/ CALGARY, AB, Oct. 20, 2025 /CNW/ - Operational Update Highwood Asset Management Ltd. ("Highwood" or the "Company) completed one unbooked gross (1.0 net) well in the third quarter of 2025, being the 100/13-15-048-14W5 well (the "13-15 well") in the Basal sand at Brazeau that was spud in June. Highwood deployed a different completion method on the 13-15 well by using a jet pump to speed up the clean up process after [Read more]
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