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Obsidian Energy Ltd.OBE

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Obsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin.

The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017.

Obsidian Energy Ltd. is headquartered in Calgary, Canada.

Latest News >

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WASHINGTON (Reuters) -President Donald Trump on Monday signed an executive order aimed at protecting fans from exploitative ticket scalping and reforming the U.S. live entertainment ticketing industry. Trump signed the directive in the Oval Office, with singer Kid Rock standing next to him in a patriotic American flag-themed outfit. Kid Rock said ticket scalpers' use of bots to buy large...

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TOKYO, April 1 (Reuters) - Japan's Nikkei share average rose on Tuesday, bouncing back from a near eight-month low hit in the previous session, as overnight gains in Wall Street lifted investor sentiment. As of 0016, the Nikkei index was up 1% at 35,987.44. The index closed lower on Monday as investors assessed the risk of imminent U.S. trade tariffs....

Miner Vale to receive $1 billion in Alianca Energia JV deal

Mar 31, 2025

SAO PAULO, March 31 (Reuters) - Brazilian miner Vale said on Monday it agreed to form a joint venture with U.S.-based investment firm Global Infrastructure Partners (GIP) through its Brazilian renewable energy business Alianca Energia. In a securities filing, Vale said it would sell 70% of Alianca Energia to GIP, receiving about $1 billion in cash once the transaction is...

Miner Vale to receive $1 billion in Alianca Energia JV deal

Mar 31, 2025

SAO PAULO (Reuters) - Brazilian miner Vale said on Monday it agreed to form a joint venture with U.S.-based investment firm Global Infrastructure Partners (GIP) through its Brazilian renewable energy business Alianca Energia. In a securities filing, Vale said it would sell 70% of Alianca Energia to GIP, receiving about $1 billion in cash once the transaction is completed. Reuters...