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Suncor to buy TotalEnergies' Canadian business for up to $6.1B

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The deal's final value will hinge on the price of Western Canadian Select crude, Canada's main oil benchmark, and certain production targets From jefflagerquist

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The rouble steadied on Thursday, with the market looking ahead to Friday's interest rate decision, as favourable month-end tax payments propped the Russian currency up amid a significant drop in oil prices. By 1322 GMT, the rouble was 0.2% stronger against the dollar at 81.44 and had gained 0.6% to trade at 89.76 versus the euro.

 

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Suncor inks deal with French company that will expand bitumen production capacity | Globalnews.caTotalEnergies had announced last year it planned to exit the Canadian oilsands by spinning off TotalEnergies EP Canada, but said it decided to sell the operations instead.
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