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Vaccines, oil prices improve Cenovus outlook: CEO

Winnipeg Free Press By: The Canadian Press Save to Read Later CALGARY - The CEO of Cenovus Energy Inc. says he s optimistic that his oil and gas company s second consecutive online annual shareholders meeting webcast on Wednesday will be its last. Cenovus CEO Alex Pourbaix speaks at a news conference in Calgary, Alta., Thursday, Jan. 30, 2020.  THE CANADIAN PRESS/Jeff McIntosh CALGARY - The CEO of Cenovus Energy Inc. says he s optimistic that his oil and gas company s second consecutive online annual shareholders meeting webcast on Wednesday will be its last. Alex Pourbaix says the global rollout of vaccines to counteract the COVID-19 pandemic gives him hope that next year s meeting will be held in person, with the possible addition of a simultaneous webcast for out-of-town investors.

Cenovus reports $220M first-quarter profit

Save to Read Later CALGARY - The CEO of Cenovus Energy Inc. says more than half of the job cuts from its takeover of rival Husky Energy Inc. have been completed and it s is well on the way to integrating and optimizing the two companies oilsands, refining and other operations. Cenovus logo seen at the company s headquarters in Calgary, Alta., November 15, 2017. THE CANADIAN PRESS/Jeff McIntosh CALGARY - The CEO of Cenovus Energy Inc. says more than half of the job cuts from its takeover of rival Husky Energy Inc. have been completed and it s is well on the way to integrating and optimizing the two companies oilsands, refining and other operations.

Sale of Husky stations stopped, says Cenovus CEO

Winnipeg Free Press By: The Canadian Press Last Modified: 3:30 PM CDT Tuesday, Apr. 6, 2021 CALGARY - The CEO of Cenovus Energy Inc. says the process to sell Husky Energy Inc. s chain of retail fuel stations was halted at an advanced stage as part of the $3.8-billion all-stock takeover that closed early this year. Cenovus CEO Alex Pourbaix announces a multi-year initiative focused on Indigenous communities near the company s oil sands operations in northern Alberta, at a news conference in Calgary, Alta., Thursday, Jan. 30, 2020.THE CANADIAN PRESS/Jeff McIntosh CALGARY - The CEO of Cenovus Energy Inc. says the process to sell Husky Energy Inc. s chain of retail fuel stations was halted at an advanced stage as part of the $3.8-billion all-stock takeover that closed early this year.

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