Canada’s Baytex Energy Corp. continues to make progress toward closing its acquisition of Eagle...
Canada’s Baytex Energy Corp. continues to make progress toward closing its acquisition of Eagle Ford E&P Ranger Oil Corp.
Baytex reported on May 15 that shareholders had approved the deal, a cash and stock transaction valued at $2.5 billion. Baytex said that the holders of 95.45% of shares voted in favor of the purchase, according to a press release.
Baytex said the merger is expected to close late in the second quarter of 2023 or early in the third quarter, subject to the satisfaction of customary closing conditions, including receipt of requisite regulatory approvals and Ranger shareholder approval.
Osaka Gas USA Corp. is expanding its solar footprint in North America, having agreed to purchase a 350-megawatt...
Osaka Gas USA Corp. is expanding its solar footprint in North America, having agreed to purchase a 350-megawatt solar project in Texas from European Energy subsidiary EE North America.
The sale is part of EE North America’s long-term growth strategy as the company works to become a “leading global force in promoting the green transition,” EE North America CEO Lorena Ciciriello said in a news release May 16.
Osaka, which focuses on power generation as well as LNG liquefaction and shale gas development, will take over development the solar project. It is expected to start operations in 2025, according to the news release.
US stock futures rise early Wednesday, as investors await an update on the progress...
US stock futures rise early Wednesday, as investors await an update on the progress of talks between congressional leaders and President Joe Biden on the US debt ceiling.Check out the latest market moves.
Earnings on deck: Cisco, Target, and Deutsche Bank, all reporting.
A North Carolina ban on most abortions after 12 weeks of pregnancy will become law after GOP lawmakers...
A North Carolina ban on most abortions after 12 weeks of pregnancy will become law after GOP lawmakers overrode a veto from the Democratic governor.
The FTC sued to block Amgen from buying Horizon Therapeutics for $27.8 billion. It’s the first time in more than 10 years that the agency has tried to block a major pharma merger, per Axios.
The DOJ charged a former Apple employee with stealing autonomous vehicle trade secrets for a Chinese company. It’s part of the Biden administration’s new crackdown on tech espionage.
The Cannes Film Festival opened with Jeanne du Barry, a French period drama starring Johnny Depp in his first major film since the Amber Heard defamation trial.
ABC said it’s moving forward with its long-awaited senior citizen season of The Bachelor.
After shunning marketing spend for its entire existence, the automaker will join…virtually every other automaker in hawking its cars to you via ads. “We’ll try a little advertising, and see how it goes,” CEO Elon Musk said at the company’s annual shareholder meeting. Musk also teased two new vehicle models and, in an interview with CNBC, boasted that he’s “the reason that OpenAI exists” due to his past investment in and involvement with the skyrocketing ChatGPT creator.
