Energy

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Cenovus to acquire Athabasca Oil in $5.7 billion deal, expanding oil sands presence

Cenovus Energy has signed a deal to acquire Athabasca Oil Corporation in a $5.7-billion cash-and-stock transaction, adding oil sands production, reserves, and growth opportunities in Alberta.

Cenovus to close Lloydminster Ethanol Plant in December

Cenovus Energy says it will stop operations at its Lloydminster Ethanol Plant on Dec. 15, 2026, following an economic review of the facility.

Saskatchewan premier among keynote speakers for 2026 Lloydminster Heavy Oil Show

The Lloydminster Heavy Oil Show has released its 2026 agenda, featuring Saskatchewan Premier Scott Moe, Cenovus executive John Soini, CNRL's Robin Zabek and other industry leaders.

$11.6 million pipeline technology headed to Hardisty aims to cut costs and emissions

An $11.6 million investment will help test innovative pipeline technology near Hardisty, Alberta, with the goal of reducing diluent use, lowering emissions, and improving bitumen transportation efficiency.

SaskNDP accuses government of hiding SaskPower information as Rate Review Panel delays 2027 increase decision

A Saskatchewan Rate Review Panel report has prompted differing views on SaskPower's finances and future rate increases, with the Saskatchewan NDP raising concerns about transparency while the provincial government emphasizes affordability and system reliability.

Cenovus plans Spruce Lake facility expansion near Lloydminster, adding 10,000 barrels per day

Cenovus Energy is planning a major expansion at its Spruce Lake operation in the RM of Mervin, increasing production by 10,000 barrels per day while reducing emissions intensity by 30 per cent.

Fireside chat commentators announced for Lloydminster Heavy Oil Show, Sep. 15

With summer fun getting into gear, activities in September may seem far away, but a couple of big names have been announced for the Lloydminster Heavy Oil Show in September.

Cenovus posts $3.4 billion in Q1 2026 results, boosts shareholder payouts and highlights Lloydminster, Christina Lake

Cenovus Energy is reporting strong financial and operational results in the first quarter of 2026, driven by record production, continued investment at Christina Lake, and ongoing output from Lloydminster‑area assets.

Cenovus Energy to release Q1 results, hold shareholders meeting, May 6

Cenovus Energy will release its first‑quarter 2026 operating and financial results on Wednesday, May 6.

Big bids near Lloydminster power Saskatchewan’s first oil and gas sale of the year

The Lloydminster area played a key role in Saskatchewan’s first Crown oil and natural gas public offering of the new fiscal year, which generated nearly $12.8 million in total revenue on April 7.

Cenovus posts record production and strong results to close out 2025

Cenovus Energy is reporting a strong finish to 2025, highlighted by record oil sands production, higher overall output, and continued progress on major projects.
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