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