By Najiyya Budaly (September 16, 2022, 3:06 PM BST) — A Canadian oil exploration and production company said on Friday that it recommends that its shareholders support a $307 million merger with Vaalco Energy Inc. despite a private investment adviser claiming that the transaction “severely undervalues” the business….
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Exxon Mobil Corp (XOM.N) will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill....
Nov 6 (Reuters) - Canadian miner Turquoise Hill Ltd (TRQ.TO) said it has once again postponed by a week its special shareholder meeting to vote on the proposed take over by Rio Tinto Plc (RIO.L),...
Massive stimulus, in the amount of $400bn, has given the renewable energy movement a spark, but energy transition is challenged as inflationary pressures have brought investors back to oil and gas....
