Mergers & Acquisitions News
Latest mergers & acquisitions coverage from Oil Authority and industry sources
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BP Flags Exceptional Q1 2026 Oil Trading Profits as Shell Reports Best Trading Results in Years
BP declared exceptional Q1 2026 oil trading profits and Shell flagged its best results in years as Brent surged 27% sequentially to average $81 per barrel.

Ovintiv Closes 3 Billion Dollar Anadarko Basin Sale to MidCon Group, Accelerates Pivot to Permian and Montney
Ovintiv Closes 3B Dollar Anadarko Basin Sale to MidCon Group, Accelerates Pivot to Permian and Montney.

Devon Energy and Coterra Energy Clear Antitrust Hurdle, Set Q2 2026 Close for $58 Billion Shale Merger
Devon Energy and Coterra Energy Clear Antitrust Hurdle, Set Q2 2026 Close for $58B Shale Merger. Devon Energy (NYSE: DVN) and Coterra Energy (NYSE: CTRA).

Devon Energy and Coterra Merger Clears Antitrust Review, Creating 58 Billion Dollar Shale Giant with 1.6 Million Barrels Per Day
Devon Energy and Coterra Merger Clears Antitrust Review, Creating 58B Dollar Shale Giant with 1.6M bpd. LNG export capacity is ramping aggressively.

Suncor Energy Commits 13 Billion Dollars to In-Situ Oil Sands Shift, Targeting Firebag at 275,000 Barrels Per Day by 2028
Suncor Energy Commits 13B Dollars to In-Situ Oil Sands Shift, Targeting Firebag at 275,000 bpd by 2028. Sources: Oil Sands Magazine, BNN Bloomberg, Kitco News.

Imperial Oil Lifts Kearl Oil Sands Output Target to 285,000-295,000 Barrels Per Day in 2026 as Trans Mountain and Asian Demand Drive Revenue Growth
Imperial Oil Lifts Kearl Oil Sands Output Target to 285,000-295,000 bpd in 2026 as Trans Mountain and Asian Demand Drive Revenue Growth.

Vermilion Energy Exceeds Q1 2026 Production Guidance at 125,000 BOE Per Day, Doubles Germany Acreage with New Concessions
Vermilion Energy Exceeds Q1 2026 Production Guidance at 125,000 BOE Per Day, Doubles Germany Acreage with New Concessions. EnergyNow.ca, GuruFocus.

Canadian Natural Resources Raises 2026 Output Guidance After $765 Million Peace River Acquisition
Canadian Natural Resources raised its 2026 production guidance to a record 1.6 million BOE per day following the C$765 million Peace River asset acquisition...

Canada's Oil Patch Records C$37.8 Billion M&A Wave in 2025 as Cenovus, Ovintiv and Whitecap Transform the Upstream Map
Canada's Oil Patch Records C$37.8B M&A Wave in 2025 as Cenovus, Ovintiv and Whitecap Transform the Upstream Map.