Cenovus
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Oilsands execs say nowhere to invest in green technology, despite record profitsThe federal government says it wants to see the oil and gas industry 'step up', especially after record profit years due to high energy prices.CanadaJan 25
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Canada must act as Europe’s energy ‘tragedy’ shows ‘cautionary tale’: Cenovus headThe European Union is looking down the barrel of a severe energy crisis as Russia continues to weaponize its supply of natural gas to the region.CanadaJan 22
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Extreme winter weather affected refinery production: CenovusCenovus 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.EconomyJan 9
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Cenovus Energy to boost oil production in 2023Cenovus 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.EconomyDec 6, 2022
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Cenovus CEO takes aim at oil and gas critics; says sector pays billions in taxesThe oil and gas industry is enjoying eye-popping profits in 2022 after Russia's invasion of Ukraine, which destabilized global energy markets and sent commodity prices soaring.CanadaNov 2, 2022
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Cenovus Energy to buy remaining stake in Toledo refinery from BP for $300 millionCenovus 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.EconomyAug 8, 2022
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Cenovus Energy posts massive upswing in profit as second quarter net earnings reach $2.4BThe 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.CanadaJul 28, 2022
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BP exits oilsands to focus on offshore; will sell Sunrise stake to CenovusBritish energy giant BP is exiting the Alberta oilsands to focus on offshore oil development instead.CanadaJun 13, 2022
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Cenovus Energy to restart work on stalled offshore oil project in NewfoundlandCenovus Energy says it will restart work on a stalled offshore oil project in Newfoundland.CanadaMay 31, 2022
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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, 2022
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