CALGARY — Enerflex Ltd. has signed an all-stock deal to buy U.S. company Exterran Corp. in an agreement that values the company at about US$735 million. Under the transaction, Enerflex will issue 1.021 of its shares for each Exterran share. Enerflex shares were down...
CALGARY — Fuel marketer and convenience store retailer Parkland Corp. says it has reached a deal to acquire M&M Food Market for $322 million. The Calgary-based company says its acquisition of the Mississauga-based frozen food retailer includes over 300 stand-alone...
CALGARY — Canada’s largest oil and gas industry group says capital spending in the oilpatch will hit $32.8 billion this year, a 22 per cent increase from the year before but still a far cry from the boom-time levels of investment a decade ago. According to the...
CALGARY — The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck crash earlier this month resulted in the death of a contractor at the company’s Base Mine site near Fort McMurray, Alta. Mark Little, CEO of the...
CALGARY — Canada’s largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and operation of their industry. The Oil Sands Alliance was established Jan. 1, with membership consisting of oilsands...
