Suncor Energy Inc. said it may scrap its US$4.5 billion hostile bid for Canadian Oil Sands Ltd. if Alberta regulators endorse a poison pill that would give the target company more time to find other bidders.
As oil prices continue to plummet, Canada's energy producers are finding themselves in serious trouble. But one company continues to stand out among the rest: Suncor Energy Inc. (TSX:SU)(NYSE:SU). The energy giant's solid balance sheet and diversified ...
On Friday Suncor Energy Inc. (TSX:SU)(NYSE:SU) extended its offer for Canadian Oil Sands Ltd. (TSX:COS) until January 27. Of course, this means Suncor has not yet gotten enough support from Canadian Oil Sands shareholders.
Job security is identified as the key issue by Unifor as it begins negotiations with Suncor Energy Inc., Canada's largest energy company, that are expected to result in a contract that could impact 12,000 workers in the sector across Canada.
Things seem to have changed quickly for Canadian Oil Sands Ltd. (TSX:COS) in the recent hostile takeover saga with Suncor Energy Inc. (TSX:SU)(NYSE:SU). After Suncor spent months attempting a takeover of Canadian Oil Sands, a deal that was looking ...
Postmedia NewsOilsands companies Suncor Energy Inc. and Cenovus Energy Inc. are set to launch a $100 million Evok Innovations fund in Vancouver Thursday in collaboration with BC Cleantech CEO Alliance.
The S&P/TSX Composite index (INDEXTSI:OSPTX) finished the week up sharply after the Friday Bank of Japan surprise that lifted most markets globally, and enabled them to end the week on a positively for the first time in 2016.