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Concho Resources Inc <CXO.N> agreed this month to a takeover by ConocoPhillips <COP.N> for $9.7 billion. The collapse in fuel demand during pandemic lockdowns has put additional pressure on ...
Cenovus Energy Inc. agreed on Aug. 8 to purchase the remaining stake in the BP-Husky Toledo Refinery located in Ohio for $300 million in cash. The Canadian company has owned 50% of the refinery ...
On April 26, 2018, Husky's Superior, Wisconsin refinery experienced a series of explosions and fires, resulting in 11 injuries, one of which was critical.A mandatory evacuation was issued by the Mayor of Superior, Jim Paine, after the fire spread and caused multiple additional explosions, with Douglas County (of which Superior is the county seat) declaring a state of emergency.
Cenovus was formed in 2009 when Encana Corporation split into two distinct companies, [4] with Cenovus becoming focused on oil sands assets.. In 2017, Cenovus purchased ConocoPhillips' 50 percent share of their Foster Creek Christina Lake (FCCL) oil sands projects and most of their conventional assets in Alberta and British Columbia, including the Deep Basin.
Cenovus Energy Inc plans to cut 20% to 25% of its workforce after it acquires Husky Energy Inc , the companies told Reuters on Tuesday, as Cenovus begins to slash costs in the Canadian oil patch's ...
In 2009, EnCana's oil business was spun-off as Cenovus Energy. [13] In November 2011, a potential buyer backed out of a $45 million deal to buy the company's gas field in Pavillion, Wyoming. [14] In December 2011, the company sold the majority of its natural gas producing assets in the Barnett Shale. [15]
The Boards of Directors of Cenovus and Husky unanimously approved the transaction, which is expected to close in the first quarter of 2021. Canada's Cenovus and Husky merge to create integrated ...
The White Rose field is currently operated by Cenovus Energy (as of 2021, after its acquisition of Husky Energy), with a 60% ownership interest. Suncor Energy owns a 35% interest and Nalcor owning the remaining 5%. [2] SeaRose is approximately 50 km (31 mi) east of the successful Hibernia field and the more recent Terra Nova field.
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