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Varcoe: Energy consolidation escalates as rising oil price eases urgency


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The seismic collapse of oil prices that began one year ago left weakened Canadian energy companies vulnerable to the pressures of consolidation.
Will a sharp recovery in prices change that dynamic in 2021?
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Varcoe: Energy consolidation escalates as rising oil price eases urgency Back to video
Two different takeover deals are providing insight into how companies and investors see M&A activity playing out this year.
Inter Pipeline Ltd. is trying to fend off a hostile bid from Brookfield Infrastructure Partners LP and is now looking for a better offer. ....

Nova Scotia , United States , Chris Bayle , Chris Varcoe , Herald Postmedia , Tom Pavic , Eric Nuttall , Rene Amirault , Sayer Energy Advisors , Canada Secure Energy Services Inc , Courtesy Inter Pipeline Ltd , Sayer Energy , Tervita Corp , Toronto Stock Exchange , Postmedia Network Inc , Inter Pipeline Ltd , Calgary Herald , Energy Services Inc , Heartland Petrochemical Complex , Courtesy Inter Pipeline , Brookfield Infrastructure Partners , Strathcona County , Inter Pipeline , West Texas Intermediate , Secure Energy Services , Matco Investments ,

Secure Energy acquiring Tervita in $2.3-billion deal as oil industry consolidation continues


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Canada’s Secure Energy Services Inc said on Tuesday it would buy waste management services firm Tervita Corp in an all-stock deal valued at $478 million, the latest consolidation in the country’s oil sector.
The deal, which will value the combined company at around $2.3 billion, comes as oil and gas companies seek to benefit from a recent run-up in crude oil prices while keeping a tight leash on costs. ....

Canada Secure Energy Services Inc , Tervita Corp , Secure Energy Services Inc , Secure Energy Services , Oil Field , Oil Patch , Canada 039s Secure Energy Services Inc , கனடா பாதுகாப்பானது ஆற்றல் சேவைகள் இன்க் , பாதுகாப்பானது ஆற்றல் சேவைகள் இன்க் , பாதுகாப்பானது ஆற்றல் சேவைகள் , எண்ணெய் புலம் , எண்ணெய் இணைப்பு ,