CALGARY - U.S. oil company ConocoPhillips said Friday it will exercise its right of first refusal and purchase TotalEnergies’ 50 per cent stake in the Surmont oilsands project for $4 billion.

French company TotalEnergies says it has finalized the sale of its 50 per cent stake in the Surmont oilsands project to U.S. oil company ConocoPhillips in a deal worth up to $4.4 billion. Canadian ...

To match Suncor’s offer for Surmont, which includes future payments linked to oil prices, Mr. Cheng said ConocoPhillips will need to spend $4-billion up front and offer Total up to $330-million ...

CALGARY – U.S. oil company ConocoPhillips said Friday it will exercise its right of first refusal and purchase TotalEnergies’ 50 per cent stake in the Surmont oilsands project for $4 billion.

CALGARY — French company TotalEnergies says it has finalized its sale of its 50 per cent stake in the Surmont oilsands project to U.S. oil company ConocoPhillips in a deal worth up to $4.4 billion.

(Reuters) - ConocoPhillips will offer notes to raise funds for its acquisition of the remaining 50% stake in Surmont oil facility in Canada worth $3 billion, the U.S. oil gas producer said in a filing ...

CALGARY – French company TotalEnergies says it has finalized its sale of its 50 per cent stake in the Surmont oilsands project to U.S. oil company ConocoPhillipsin a deal worth up to $4.4 billion.

CALGARY — U.S. oil company ConocoPhillips said Friday it will exercise its right of first refusal and purchase TotalEnergies’ 50 per cent stake in the Surmont oilsands project for $4 billion. The ...