Tag: Cenovus Energy

Cenovus Fined After Wastewater Release From Former Husky-Owned Pipeline

June 6, 2023
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Cenovus Energy is facing a fine over a release of wastewater into a wetland. In 2020, a pipeline then belonging to Husky Oil released about 206 cubic metres of produced water through a break in the line and into the surrounding wetland. Cenovus, which merged with Husky in 2021, has been assessed a $140,000 fine…

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Cenovus Energy to Buy Remaining Stake in Toledo Refinery From BP for $300 Million

August 8, 2022
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Cenovus Energy Inc. has signed a US$300-million deal that it says marks another step forward in its long-term strategy to integrate its heavy oil production with refining capability. The Calgary-based oil company announced Monday it has reached a deal with British energy giant BP to buy the remaining 50 percent stake in the BP-Husky Toledo…

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