BP sells half of Husky Toledo refinery to Cenovus for $300m
BP (Lon: BP) has sold 50% of its interest in the Husky Toledo refinery, located in Ohio, to Cenovus (NYSE: CVE) to form a joint venture partnership.
Cenovus
i3 Energy wraps up £39m Canadian acquisition
London-listed i3 Energy has completed the £39 million acquisition of a package of Canadian oil and gas assets from Cenovus Energy.
Cenovus to create Canada oil giant with $2.9bn Husky deal
Cenovus Energy Inc. agreed to buy Husky Energy Inc. in a C$3.8 billion ($2.9 billion) all-stock deal that will combine two of the largest players in Canada’s beleaguered oil-sands industry, which is struggling after the slump in crude prices.
Cenovus reveals plan to tackle debt
Integrated Canadian oil company Cenovus has developed a plan to cut debt – with the sale of assets and cost cutting measures at the heart of the plan.
ConocoPhillips completes sale of oil sands interest
ConocoPhillips has completed the sale of its 50% stake in the Foster Creek Christina Lake oil sands partnership to Canadian major Cenovus.
Cenovus to sell up to $5billion of stock, debt or other securities
Canadian oil producer Cenovus Energy said it may sell up to $5billion of stock, debt or other securities.
Oil workers find there’s no free lunch as perks end
Canadian energy companies have cut thousands of jobs and scrapped projects in a drive to cut costs. Now they’re raiding workers’ perks.