Cenovus Energy Inc (CVE.TO)
27 Jul 2016
July 28 Cenovus Energy Inc posted a smaller-than-expected quarterly loss, helped by its cost-reduction efforts, and said about two-thirds of the costs it had cut since 2014-end would be "sustainable" even when oil prices recover.
* Remains on track with its plans to bring on two new oil sands expansion phases and achieve up to $500 million in capital
July 28 Canadian oil producer Cenovus Energy Inc posted a quarterly loss, compared with a year-ago profit, hurt by a slump in oil prices that has now lasted two years.
CALGARY, Alberta Canadian Natural Resources Ltd and Cenovus Energy said they restarted operations at two oil sands facilities in the Wabasca region of northern Alberta on Thursday after a wildfire threat dissipated.
CALGARY, Alberta, June 9 Canadian Natural Resources Ltd and Cenovus Energy said they restarted operations at two oil sands facilities in the Wabasca region of northern Alberta on Thursday after a wildfire threat dissipated.
* Says wildfire near facilities continues to burn but is being contained by Alberta firefighters
CALGARY, Alberta Oil sands producers Canadian Natural Resources Limited and Cenovus Energy shut projects and evacuated workers at Pelican Lake facilities in northern Alberta as wildfires threatened western Canadian output for the second time in a five weeks.
CALGARY, Alberta, June 8 Oil sands producers Canadian Natural Resources Limited and Cenovus Energy shut projects and evacuated workers at Pelican Lake facilities in northern Alberta as wildfires threatened western Canadian output for the second time in a five weeks.
* Says wildfire near Pelican Lake oil sands project has been downgraded, now being held by firefighters
CALGARY, Alberta Cenovus Energy is looking into building a diluent recovery unit at its Bruderheim crude-by-rail terminal near Edmonton, Alberta, which would allow the company to ship raw bitumen in tank cars and save on condensate costs.
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