Cenovus Energy Inc.

• Cenovus reports 2nd-highest quarterly production ever, driven by oilsands

  Cenovus Energy Inc. reported a fourth-quarter of $743 million, down from $784 million a year earlier, as its revenue also edged lower.

  Money

  Feb 15
  
• Cenovus Energy reports Q3 profit up; overcomes start of year challenges

  While Cenovus benefited in the third quarter from higher commodity prices, it also saw its upstream production in the quarter increase by nine per cent from the second quarter.

  Canada

  Nov 2, 2023
  
• Advertisement
• Cenovus Energy hit with clean-up order after diesel spills into Alberta lake

  Cenovus Energy Inc. has been issued a clean-up order by the Alberta Energy Regulator after more than 1,000 litres of diesel spilled into a northern Alberta lake.

  Environment

  Jun 26, 2023
• Advertisement
• Cenovus CEO Alex Pourbaix to step down, become executive chair

  Cenovus Energy Inc. chief executive Alex Pourbaix will step down from the CEO role later this year, the Calgary-based energy company announced Thursday.

  Money

  Feb 16, 2023
• Extreme winter weather affected refinery production: Cenovus

  Cenovus says it now expects fourth-quarter Canadian refinery throughput of 90 to 95 million barrels per day, and U.S. refinery throughput of 370 to 380 million barrels per day.

  Economy

  Jan 9, 2023
• Cenovus Energy to boost oil production in 2023

  Cenovus Energy Inc. said total offshore oil production is expected to be in a range of 65,000 to 78,000 barrels of oil equivalent per day.

  Economy

  Dec 6, 2022
• Cenovus Energy to buy remaining stake in Toledo refinery from BP for $300 million

  Cenovus Energy Inc. has reached a deal with British energy giant BP to buy the remaining 50 per cent stake in the BP-Husky Toledo Refinery for $300 million.

  Economy

  Aug 8, 2022
• Cenovus Energy posts massive upswing in profit as second quarter net earnings reach $2.4B

  The Calgary-based oil producer had net earnings of $2.4 billion in the second quarter, or $1.23 per basic share, compared with $224 million or 11 cents per share a year earlier.

  Canada

  Jul 28, 2022
• Advertisement
• Cenovus Energy CEO says current high oil prices can’t be banked on moving forward

  Cenovus Energy Inc. will continue to keep a tight rein on capital spending even as crude prices surge to eight-year highs, the CEO of the Calgary-based oil producer said Tuesday.

  Economy

  Feb 9, 2022
• Advertisement
• Cenovus Energy to sell Tucker oilsands project for $800M; buyer not yet disclosed

  Cenovus Energy Inc. says it has reached a deal to sell its Tucker thermal oilsands project in northeast Alberta for $800 million.

  Money

  Dec 16, 2021