Heritage Petroleum News

Oil & Gas News for energy industry professionals.

Hostile Husky takeover bid for MEG Energy now expected to succeed as proposed

A CIBC oil and gas analyst says the recent deterioration in crude oil prices makes it unlikely that a better offer will emerge to force Husky Energy Inc. to sweeten its hostile takeover bid for an oilsands rival. Husky reported Tuesday that it had received all necessary regulatory approvals for the takeover of MEG Energy Corp. and is now waiting for shareholders' response to its offer which expires in mid-January.

'I couldn't talk': Bethenny Frankel reveals near-death ...

Bethenny Frankel's scary ordeal was triggered by a previously undiagnosed food allergy, which Frankel described as "a rare fish allergy." 'I couldn't talk': Bethenny Frankel reveals near-death experience with 'rare fish allergy' Bethenny Frankel's scary ordeal was triggered by a previously undiagnosed food allergy, which Frankel described as "a rare fish allergy."

Bethenny Frankel suffers near fatal allergic reaction

The 48-year-old reality star took to Twitter to reveal she was rushed to hospital on Sunday , after she became "unconscious for 15 minutes" after eating soup. Bethenny says that if it wasn't for her suffering from EPI - the inability to break down and digest food properly - should may not have survived.

Alberta senator invites Quebec premier to visit oil and gas industry

Wed, Dec 12: Quebec Premier FranA ois Legault called Alberta oil "dirty energy" last week, setting off a war of words between himself and Alberta Premier Rachel Notley. As Global's Raquel Fletcher reports, now other Alberta leaders are calling for a boycott of Quebec products.

Most actively traded companies on the TSX

Aurora Cannabis Inc. . Health care. Down 43 cents, or 5.48 per cent, to $7.41 on 12.5 million shares.

Protesters boo Quebec, free trade at Calgary rally supporting oil industry

Angry protesters demanding that Canada build new pipelines interrupted speeches by Calgary's mayor and councillors at a downtown rally on Monday. City council had passed a resolution declaring its support for the oil and gas industry as well as calling for solutions to a low oil price crisis blamed on a lack of pipeline export capacity.

Blowback on Big Oil fight

The ski resort town of Whistler is learning that getting involved in the fight between environmentalists and oil companies can result in negative consequences. Part of CIBC's annual investment conference to be held in the community next month has been scrapped after the town council took part in a letter-writing campaign demanding oil companies compensate it for its costs related to climate change.

House Democrats won't let Zinke escape investigation, even after he leaves office

U.S. Interior Secretary Ryan Zinke plans to leave his position at the end of December 2018. CREDIT: Chip Somodevilla/Getty Images After less than two years on the job, outgoing Interior Secretary Ryan Zinke will be leaving a legacy of pro-fossil fuel management of public lands and a long trail of alleged cases of personal misconduct.

TransCanada sells U.S. power plant in Arizona to Southwest Generation for $623M

TransCanada Corp. has signed a deal to sell its Coolidge Generating Station in Arizona to a subsidiary of Southwest Generation Operating Co. LLC for $623 million.

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