ConocoPhillips to exercise pre-emptive right; will buy rest of Surmont project - BNN Bloomberg

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ConocoPhillips to exercise pre-emptive right; will buy rest of Surmont project - BNN Bloomberg
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ConocoPhillips says it will exercise its right of first refusal and purchase TotalEnergies' 50 per cent stake in the Surmont oilsands project for $4 billion.

Federal government posts $41.3 billion deficit for 2022-23 fiscal yearThe Daily Chase: Glencore reportedly eyes Bunge; Canadian Western Bank misses expectationsCanadian residential mortgage debt hits $2.08 trillion: CMHCThe Daily Chase: Loan loss provisions weigh on bank earnings; Nvidia forecasts upbeat outlookA June pause in rate hikes would be a close call for U.S.

Fed officials, meeting minutes showCPP Investments reports 1.3 per cent return for its latest fiscal yearCanada has highest household debt level in G7: CMHC deputy chief economistInvestor-occupants made up almost 10% of B.C.

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