Cenovus Energy will reveal its five-year plans including for the Lloydminster Upgrader on Mar. 5.
This as the Calgary-based company holds an investor day to share on its corporate strategy.
Ahead of turnaround procedures scheduled for April, officials see continued reliable operations at the plant, anticipating a 42-46,000 barrels per day quarterly output going forward. The plant registered 106,600 barrels per day from its thermal operations in the fourth quarter of 2023.