PLANT

News General
November 19, 2018  

Experts to work with energy industry on oil price solutions for Alberta [UPDATED]

Premier Rachel Notley says the Canadian economy is losing out because oil from Alberta is selling about $45 a barrel less than West Texas Intermediate in the United States.

News Energy Manufacturing Oil & Gas Business Operations General Operations Production Sustainability
April 24, 2017  

Cenovus to accelerate drilling on acquired ConocoPhillips gas properties

Company will spend $650 million in 2019 to drill up to 120 wells in the Deep Basin of northeastern BC and northwestern Alberta.

News Energy Manufacturing Oil & Gas Business Operations General Operations Production Sustainability
March 31, 2017  

$17.7B Cenovus deal seen as likely to be last oil sands blockbuster

Analysts note there are fewer significant assets available after more than a year of consolidation transactions.

News Energy Government Manufacturing Oil & Gas Business Operations General Operations Production
March 29, 2017  

Cenovus to buy ConocoPhillips’s Canadian assets for $17.7B

Deal makes the US-based company the latest international energy producer to lessen it’s exposure to Alberta.

News Energy Manufacturing Oil & Gas Business Operations General Operations Production Sustainability
December 8, 2016  

Cenovus to boost 2017 spending by 24%

Energy producer will resume Christina Lake expansion.

News Energy Oil & Gas General Sustainability
September 22, 2015  

Companies increasingly putting price on carbon to mitigate risks

Study finds the number of companies factoring carbon pricing in their finances has tripled since last year.

News Energy Oil & Gas General Operations Sustainability
June 8, 2015  

Cenovus set to restart production at Foster Creek project

Facility has been offline since May 23 because of a large wildfire in the area.

News Energy Oil & Gas General Operations Production
June 2, 2015  

Crude oil production lowest in two years: report

“Perfect storm” of events cut average production to 3.98 million barrels of oil a day in May.

News Energy Oil & Gas General Operations Production Sustainability
May 26, 2015  

Fires force Cenovus, Canadian Natural Resources to close

Closures account for 10% loss of Alberta’s daily crude production.

News Energy Manufacturing Oil & Gas General Operations Sustainability
April 29, 2015  

Cenovus Energy posts $668M Q1 loss

Takes hit from currency loss, lower oil and gas price.

News Energy Oil & Gas Business Operations General Operations Sustainability
February 12, 2015  

Cenovus cutting 15% of staff, suspends salary increases

Energy producer announces $472 million loss for the quarter that ended Dec. 31.

News Energy Oil & Gas General Operations Production
December 11, 2014  

Cenovus reduces 2015 capital spending by 15%

Will implement cost-savings initiatives to save up to $500 million a year by 2018.

News Energy Oil & Gas Business Operations Operations Sustainability
February 11, 2014  

Investors eye strategic shifts, gas prices as energy firms post results

Analysts expect lower earnings from Encana, Talisman as both companies concentrate their operations.

News Oil & Gas Business Operations Operations Sustainability
June 19, 2013  

Cenovus to triple amount of crude moved by rail by late 2014

The railed oil would represent about 10% of Cenovus’ crude volumes.

News Energy Oil & Gas Business Operations Operations Production Sustainability
April 11, 2013  

From PLANT West: SAPing bitumen

Butane taps freer flowing oil.