Amanda Stephenson

Calgary

Canada Energy Correspondent at Reuters

Canada Energy Correspondent for Reuters News. Based in Calgary. Reach me at [email protected]

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Articles

Canada's Cenovus Energy beats Q1 estimates on higher output

1 week ago | ca.marketscreener.com | Amanda Stephenson |POOJA MENON

(Reuters) - Shares in Cenovus Energy jumped nearly 10% on Thursday after the Canadian oil and gas producer posted a fall in first-quarter profit but managed to beat Wall Street estimates on the back of higher output and improved refining margins. The Calgary, Alberta-based company's U.S.-listed shares were up 9.8% as of mid-day trading.
Canadian Natural reports first-quarter profit beat and record oil and gas output

1 week ago | marketscreener.com | Amanda Stephenson |Vallari Srivastava

(Reuters) - Canadian Natural Resources Ltd, the country's largest oil producer, reported a better-than-expected first-quarter profit and record production on Thursday, helped by a narrow discount on Canadian heavy crude that the company expects will persist. Producers in Canada have benefited this spring from a historically tight price discount on heavy oil versus U.S. benchmark crude, helping cushion the blow from a significant fall in global oil prices.
Canada's Suncor says it could cut 2026 capital spending if low oil prices persist

1 week ago | reuters.com | Amanda Stephenson

General view of the Suncor Energy refinery, located near Enbridge's Line 5 pipeline, in Sarnia, Ontario, Canada March 20, 2021. Picture taken March 20, 2021.
Canada's Cenovus confirms job reductions ahead of earnings this week

1 week ago | ca.marketscreener.com | Amanda Stephenson

CALGARY (Reuters) -Canadian oil and gas producer Cenovus Energy has reduced its employee headcount ahead of the release of its first-quarter earnings report this week. The Calgary-based company confirmed the job cuts in an email to Reuters Tuesday afternoon.
Distribuidora de combustíveis Sunoco faz acordo para comprar rival Parkland por US$9 bi

1 week ago | terra.com.br | Amanda Stephenson

A Sunoco LP comprará a Parkland, sediada no Canadá, em um negócio avaliado em cerca de US$9,1 bilhões, incluindo dívidas, informou a distribuidora de combustíveis norte-americana nesta segunda-feira, um movimento que criaria a maior companhia independente no setor das Américas. A administração da Parkland saudou o acordo como um caminho para maior estabilidade financeira e crescimento.
US fuel distributor Sunoco to buy Canada's Parkland for $9 billion

1 week ago | marketscreener.com | Amanda Stephenson

(Reuters) -U.S. fuel supplier Sunoco has struck a $9.1-billion deal to buy Canada-based Parkland, a move that would create the Americas' largest independent fuel distributor but which Parkland's largest shareholder immediately criticized. Sunoco's offer was unanimously approved by Parkland's board, the companies said on Monday. But Parkland's largest shareholder, Simpson Oil, called the deal a "last-ditch attempt" by Parkland's board to retain control.
US fuel distributor Sunoco to buy Canada's Parkland for $9 billion

1 week ago | today.westlaw.com | Amanda Stephenson |Marguerita Choy |Arunima Kumar

(Reuters) -U.S. fuel supplier Sunoco has struck a $9.1-billion deal to buy Canada-based Parkland, a move that would create the Americas' largest independent fuel distributor but which Parkland's largest shareholder immediately criticized.
US fuel distributor Sunoco to buy Canada's Parkland for $9 billion

1 week ago | gazette.com | Amanda Stephenson

By Amanda Stephenson(Reuters) -U.S. fuel supplier Sunoco has struck a $9.1-billion deal to buy Canada-based Parkland, a move that would create the Americas' largest independent fuel distributor but which Parkland's largest shareholder immediately criticized. Sunoco's offer was unanimously approved by Parkland's board, the companies said on Monday. But Parkland's largest shareholder, Simpson Oil, called the deal a "last-ditch attempt" by Parkland's board to retain control.
US Army Corps targeting fall decision for Enbridge Line 5 tunnel

1 week ago | kfgo.com | Amanda Stephenson

By Amanda StephensonCALGARY (Reuters) -The U.S. Army Corps of Engineers said on Friday it expects to make a decision this fall whether to grant a permit to Enbridge’s proposed Great Lakes tunnel for its Line 5 oil pipeline project. The Army Corps, a federal engineering service, released an updated permitting timeline for the project that includes a 30-day public comment period from May 30 to June 3, followed by the decision in the fall.
US Army Corps targeting fall decision for Enbridge Line 5 tunnel

1 week ago | yahoo.com | Amanda Stephenson

By Amanda StephensonCALGARY (Reuters) -The U.S. Army Corps of Engineers said on Friday it expects to make a decision this fall whether to grant a permit to Enbridge's proposed Great Lakes tunnel for its Line 5 oil pipeline project. The Army Corps, a federal engineering service, released an updated permitting timeline for the project that includes a 30-day public comment period from May 30 to June 3, followed by the decision in the fall.