Cenovus Energy Inc news

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CVE 19.04 +0.74 (4.04%)
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Cenovus taps world price with 'Bordeaux' of Canadian crude oils
Cenovus Energy Inc. says it's selling Canadian oil sands crude near world prices by exporting through Vancouver's port as Canada's fourth-largest oil producer by market value lines up buyers ahead of a surge in production.
Cenovus Q2 profit declines 40% as oil prices slide
Cenovus Energy Inc., the oil-sands producer with the best risk-adjusted returns among peers, said second-quarter profit declined 40% as crude prices fell.
Suncor, Cenovus work around crude oil discount
Integrated producers such as Suncor Energy Inc. and Cenovus Energy Inc. are countering the slump in Canadian crude prices by cutting costs, shipping by rail and maxing out capacity at refineries.
Waiting for the energy sector to rebound
The $780-million fund's top holdings include Suncor Energy Inc. (17.8%), Canadian Natural Resources Ltd. (11.4%) and Cenovus Energy Inc. (9.7%), and has stakes in many of the other big industry names as well. The diverse portfolio of industry giants, ...
Inter Pipeline Fund announces $2.1-billion expansion for Cold Lake, Polaris ...
The Calgary-based company will add about 840 kilometres to its existing Cold Lake and Polaris pipeline systems, expanding their capacity to ship bitumen from northern Alberta to the Edmonton market hub by about 820,000 barrels per day.
Inter Pipeline Fund to launch $2.1 billion expansion  Calgary Herald
Northern Gateway hearings in Alberta cancelled after failing to draw participants
Major oil sands producers such as Suncor Energy Inc., Cenovus Energy Inc. and Nexen Inc. filed documents with the Joint Review Panel in January outlining their support for Northern Gateway, but have said little publicly.
First Nations Hold the Cards in Northern Gateway Battle with Enbridge  Inside Climate News
Where are the gains for Canada in CNOOC-Nexen deal?
Merger and acquisition activity in the past 15 years has left only five sizable Canadian energy producers. Of these, only three have oil sands exposure: Suncor Energy Inc., Canadian Natural Resources Ltd.
Cenovus donation of $1.5 million helps create new city park
In addition to the gift, Cenovus announced that, for the first time, the company will be entering a float in the Stampede parade on July 6. Cenovus already has a strong relationship with the Calgary Stampede through a significant corporate sponsorship.
Suncor pulls back on growth ambitions
Take Cenovus Energy Inc., which has gone so far as to run its own assembly yard to keep costs down. Its older Christina Lake project requires prices of $35 (U.
Beware the value trap: Oil stocks are not as cheap as they look
When oil prices fall, so do energy shares. Using history as a guide, if you expect oil prices to increase, then investing in oil company stocks is a good idea. If this is your view, oil stocks qualify as value stocks at current prices, because their P ...