Cenovus to Purchase bp’s 50% Stake in the Canadian Sunrise Oil Sands Project

• Monday, 13th June 2022
• by Israa Ibrahim

Cenovus Energy Inc. announced on Monday that it will purchase bp’s 50% ownership in the Sunrise oil sands project in northern Alberta, bolstering the Canadian energy company’s position in the industry, Reu...

Cenovus Sign Agreements to Restructure Atlantic Assets

• Thursday, 9th September 2021
• by Fatma Ahmed

Cenovus Energy company announced that it has entered into agreements with its partners in the Atlantic region to restructure its working interests in the Terra Nova and White Rose projects, a press release issued by t...

Canada Ramping Up Production to End Year on a High 

• Monday, 2nd November 2020
• by Editorial Team

Canadian producers are rigorously producing extra crude in an attempt to try and offset a dire year for the Canadian oil industry, according to Reuters. This increase in production follows Alberta’s government decisio...

Cenovus, Husky Announce Merger

• Monday, 26th October 2020
• by Editorial Team

Cenovus Energy and Husky Energy have announced a transaction to create a new Canadian oil and natural gas company with an integrated upstream and downstream portfolio which will provide increased funds, according to a...