Cenovus Energy

• Cenovus Energy looks to grow as it signs $5.7B deal to buy Athabasca Oil

  Athabasca Oil has 40,000 barrels per day of oilsands production currently, but Cenovus Energy sees the opportunity to ratchet that up to 115,000 by 2032.

  Money

  Oct 5
  
• Cenovus set to surpass million-barrel per day production as it digests MEG purchase

  Cenovus Energy said most of the production bump has been from its largest asset, the steam-driven Christina Lake project near Colklin, located south of Fort McMurray.

  Money

  Jul 29
  
• Advertisement
• Canadian oilpatch holding off investment changes despite surge in crude prices

  The surge is oil and gas prices caused by the war in the Middle East hasn't changed the immediate investment plans of Canadian producers, say industry executives.

  Consumer

  Apr 15
• Advertisement
• One worker killed, another hurt by rolling pipe at Cenovus Energy’s Christina Lake site

  The workers were struck by a pipe that rolled off a truck they were unloading at Cenovus Energy's Christina Lake North oil site near Conklin in northeastern Alberta.

  Canada

  Feb 2
• Cenovus reports higher Q3 profits, Imperial Oil has mixed financial results

  Cenovus and Exxon both published their third-quarter financial results on Friday as world oil markets continue to be impacted by Trump tariffs and increased production from OPEC+.

  Economy

  Oct 31, 2025
• Cenovus ‘resolute in our commitment’ to MEG deal, CEO says

  Cenovus foresees no further wrinkles in its takeover bid for MEG Energy, a day after a shareholder meeting to approve the deal was delayed due to a last-minute regulatory issue.

  Money

  Oct 31, 2025
• Cenovus Energy raises MEG Energy offer, wins support from Strathcona Resources

  Strathcona Resources, which recently dropped its own hostile all-stock offer for MEG Energy, now says it intends to vote its 14.2 per cent stake in favour of the new Cenovus bid.

  Money

  Oct 27, 2025
• Cenovus delays MEG Energy shareholder vote of takeover offer

  The company said at the time of the postponement that about 63 per cent of the MEG shares represented by proxy or expected to be voted in person at the meeting backed the bid.

  Canada

  Oct 21, 2025
• Advertisement
• Cenovus selling stake in two U.S. refineries to partner Phillips 66 for $1.9B

  Once the deal is complete, Cenovus said its downstream business will have total crude throughput capacity of 472,800 barrels per day.

  Money

  Sep 9, 2025
• Advertisement
• Cenovus shuts in oilsands production at Christina Lake operations because of wildfires

  Thousands of residents have been affected by wildfires in Manitoba, Saskatchewan and Alberta.

  Fire

  Jun 2, 2025