ConocoPhillips scuppers compatriot’s $4.5 billion Canadian acquisition

US major pre-empts Suncor from buying TotalEnergies’ Surmont oil sands assets

Pre-emption announcement: ConocoPhillips chief executive Ryan Lance. — Pre-emption announcement: ConocoPhillips chief executive Ryan Lance.Photo: AFP/SCANPIX

Amanda Battersby

Singapore

Published 29 May 2023, 08:45Updated 31 May 2023, 12:13

ConocoPhillips TotalEnergies Canada Surmont Americas