Analysis shows Canada's oil industry faces a dual threat: losing market share to Venezuela and, more urgently, losing crucial investment capital to the South American nation. Experts warn of complacency.
Canada's major oilsands companies, led by Cenovus, forecast higher 2026 output despite a looming global supply glut. Discover how pipeline capacity is driving this counter-cyclical strategy.
Cenovus Energy CEO Jon McKenzie announces strategic cost reductions following MEG acquisition to protect Canadian energy jobs and ensure company longevity.
Cenovus Energy CEO Jon McKenzie celebrates oil industry progress while climate scientists issue urgent warnings. Explore the dual narrative shaping Canada's energy future.
Cenovus Energy has officially completed its acquisition of MEG Energy, marking the end of a lengthy takeover process. The deal strengthens Canada's energy sector consolidation.
MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.
Cenovus Energy secures shareholder approval for its $3.8 billion acquisition of MEG Energy, creating Canada's second-largest oil producer amid industry consolidation.
The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.
A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.