Cenovus Energy reported record third-quarter profits and production despite a widening discount on Western Canadian crude prices. CEO Jon McKenzie attributes the spread to global factors, expecting it
Weather and power outages at Cenovus Energy have tightened Canadian crude exports, straining U.S. Midwest refineries and Cushing inventories amid global supply constraints. Western Canadian stockpiles
Cenovus Energy CEO Jon McKenzie stated at the Global Energy Show that a proposed 1 million barrel-per-day pipeline to British Columbia is unfinanceable by the private sector due to Canada's regulatory
Cenovus Energy CEO Jon McKenzie warns that Canada's industrial carbon tax hinders new oil pipeline projects, urging policymakers to reconsider environmental rules to maintain competitiveness. Governme
Cenovus Energy reported a record Q1 profit of C$1.57 billion, driven by higher crude prices and increased production from its MEG acquisition. The company also announced a 10% dividend increase alongs
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