Cenovus Energy
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Cenovus Energy CEO says current high oil prices can’t be banked on moving forwardCenovus 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.EconomyFeb 9
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Cenovus Energy to sell Tucker oilsands project for $800M; buyer not yet disclosedCenovus Energy Inc. says it has reached a deal to sell its Tucker thermal oilsands project in northeast Alberta for $800 million.MoneyDec 16, 2021
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Ottawa expected to release details of carbon capture tax credit soon, Cenovus saysCenovus itself has set a target to reduce emissions by 35 per cent by 2035 from 2019 levels.EnvironmentDec 8, 2021
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Co-op acquires Western Canadian Husky retail fuel sites in $264M dealFederated Co-op Limited says the acquisition is the largest in its history after purchasing 181 Husky fuel sites from Cenovus Energy Inc.CanadaNov 30, 2021
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Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sectorThe Calgary-based oil producer earned 11 cents per share in the second quarter, compared with a loss of 19 cents per share or $235 million a year earlier.CanadaJul 29, 2021
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Vaccines, oil prices and Husky takeover boost Cenovus outlook: CEO Alex PourbaixThe CEO of Cenovus Energy Inc. says he's optimistic that his oil and gas company's second consecutive online annual shareholders meeting webcast on Wednesday will be its last.MoneyMay 12, 2021
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Cenovus Energy reports $220M Q1 profit compared with a loss a year agoCenovus reported a first-quarter profit of $220 million compared with a loss of $1.8 billion a year ago. CEO Alex Pourbaix spoke about the numbers on a conference call.MoneyMay 7, 2021
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Sale of Husky fuel stations stopped, says Cenovus CEOThe CEO of Cenovus Energy Inc. says a pending sale of Husky Energy Inc.'s chain of retail fuel stations was halted.EconomyApr 6, 2021
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Oilpatch workforce faces more cuts this year before rebound in 2022-23, says PetroLMIIn its three-year forecast, PetroLMI says direct industry employment is projected to rise to about 176,000 jobs by 2023,CanadaMar 24, 2021
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Cenovus Energy reports $153M Q4 loss, including $100M Keystone XL chargeThe company says it lost $153 million for the quarter ended Dec. 31 compared with a profit of $113 million or nine cents per share in the fourth quarter of 2019.CanadaFeb 9, 2021
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