Cenovus Energy

S&P Global Launches Comprehensive Framework for Assessing Reliability of Estimates of Greenhouse Gas Intensity for Crude Oil

Retrieved on: 
Tuesday, March 22, 2022

A comprehensive new study by S&P Global (NYSE: SPGI) provides new guidance and methodology that improves comparability, consistency and confidence in assessing the life-cycle greenhouse gas (GHG) intensity of crude oil.

Key Points: 
  • A comprehensive new study by S&P Global (NYSE: SPGI) provides new guidance and methodology that improves comparability, consistency and confidence in assessing the life-cycle greenhouse gas (GHG) intensity of crude oil.
  • What the market has been looking for is a credible and equitable yardstick when it comes to assessing oil and gas GHG emissions, said Daniel Yergin, vice chairman, S&P Global.
  • The average represents a comprehensive assessment of the average product life-cycle GHG intensity of crude oil processed in the United States in 2019.
  • S&P Global estimates the volume-weighted average life-cycle GHG intensity of crude oil processed in the United States in 2019 was 84 gCO2e/MJ or 457 kgCO2e/bbl of refined product.

Calgary's Kathairos Solutions Awarded $1.58M in the Clean Resource Innovation Network's Reducing Environmental Footprint Technology Competition

Retrieved on: 
Wednesday, March 9, 2022

Until now, addressing the issue has been difficult, complex and cost prohibitive, particularly on small, low-production wells.

Key Points: 
  • Until now, addressing the issue has been difficult, complex and cost prohibitive, particularly on small, low-production wells.
  • "The oil and gas industry faces a serious challenge in trying to eliminate methane emissions from its remote well site operations," said Dick Brown, Kathairos co-founder and CEO.
  • The Clean Resource Innovation Network (CRIN) is focused on ensuring Canada's energy resources can be sustainably developed for the global energy supply.
  • The Reducing Environmental Footprint competition is designed to advance technology solutions for high-priority environmental challenges across the oil and gas industry with the intent to export technologies internationally and for application with Canada's industrial sector.

A Pathway to Net Zero Emissions for North America's Largest Oil Resource

Retrieved on: 
Tuesday, March 8, 2022

Unprecedented oil sands alliance offers sustainable solution for North American energy security

Key Points: 
  • Together, Canadian Natural, Cenovus Energy, ConocoPhillips Canada, Imperial, MEG Energy and Suncor Energy have formed the Oil Sands Pathways to Net Zero Alliance.
  • The goal of the Alliance is to achieve a phased reduction in emissions from oil sands operations, reaching net zero by 2050, working in collaboration with Canadian federal and provincial governments.
  • The alliance is pursuing multiple technology pathways to achieve its goal of net zero emissions from oil sands production.
  • All net-zero references in this announcement apply to emissions from oil sands operations (defined as scope 1 and scope 2 emissions).

Bronstein, Gewirtz & Grossman, LLC Notifies Cenovus Energy Inc. (CVE) Investors of Investigation

Retrieved on: 
Thursday, February 10, 2022

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cenovus Energy Inc. (Cenovus or the Company) (NYSE: CVE).

Key Points: 
  • Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cenovus Energy Inc. (Cenovus or the Company) (NYSE: CVE).
  • Investors who purchased Cenovus shares are encouraged to obtain additional information and assist the investigation by visiting the firms site: www.bgandg.com/cve .
  • The investigation concerns whether Cenovus and certain of its officers and/or directors have violated federal securities laws.
  • You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cenovus Energy Inc. - CVE

Retrieved on: 
Wednesday, February 9, 2022

NEW YORK, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Cenovus Energy Inc. (Cenovus or the Company) (NYSE:CVE).

Key Points: 
  • NEW YORK, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Cenovus Energy Inc. (Cenovus or the Company) (NYSE:CVE).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Cenovus and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Bronstein, Gewirtz & Grossman, LLC Notifies Cenovus Energy Inc. (CVE) Investors of Investigation

Retrieved on: 
Wednesday, February 9, 2022

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cenovus Energy Inc. (Cenovus or the Company) (NYSE: CVE).

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cenovus Energy Inc. (Cenovus or the Company) (NYSE: CVE).
  • Investors who purchased Cenovus shares are encouraged to obtain additional information and assist the investigation by visiting the firms site: www.bgandg.com/cve .
  • The investigation concerns whether Cenovus and certain of its officers and/or directors have violated federal securities laws.
  • If you are aware of any facts relating to this investigation or purchased Cenovus shares, you can assist this investigation by visiting the firms site: www.bgandg.com/cve .

Cenovus announces 2021 fourth-quarter and full-year results

Retrieved on: 
Tuesday, February 8, 2022

2 Comparative figures include Cenovus results prior to the January 1, 2021 closing of the Husky transaction and do not reflect historical data from Husky.

Key Points: 
  • 2 Comparative figures include Cenovus results prior to the January 1, 2021 closing of the Husky transaction and do not reflect historical data from Husky.
  • 4 Prior period results have been restated to conform with the current definition of adjusted funds flow.
  • Cenovus continued to execute its NCIB announced in late 2021, which allows the company to purchase up to 146.5 million of its common shares.
  • In 2021, the company repurchasedapproximately 17 million common shares with another9 million bought back so far in 2022.

Cenovus to hold Q4 conference call and webcast on February 8

Retrieved on: 
Tuesday, February 1, 2022

CALGARY, Alberta, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its fourth quarter and full-year 2021 results on Tuesday, February 8.

Key Points: 
  • CALGARY, Alberta, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its fourth quarter and full-year 2021 results on Tuesday, February 8.
  • The news release will provide consolidated fourth quarter and full-year operating and financial information.
  • To listen live: Dial 888-394-8218 (toll-free in North America) or 647-484-0475.
  • Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the companys preferred shares are listed on the Toronto Stock Exchange.

Parsons Corporation Board Unanimously Elects Carey Smith as Chairwoman

Retrieved on: 
Monday, January 24, 2022

CENTREVILLE, Va., Jan. 24, 2022 (GLOBE NEWSWIRE) -- The board of directors of Parsons Corporation (NYSE: PSN) has unanimously elected Carey A. Smith as chairwoman, effective April 14, 2022.

Key Points: 
  • CENTREVILLE, Va., Jan. 24, 2022 (GLOBE NEWSWIRE) -- The board of directors of Parsons Corporation (NYSE: PSN) has unanimously elected Carey A. Smith as chairwoman, effective April 14, 2022.
  • Carey Smith has proven herself as an exceptional leader throughout her career and during her successful tenure with Parsons, said Leer.
  • She is the right person to serve as our next chairwoman and to lead Parsons into the future.
  • Im honored to be elected Parsons chairwoman, and grateful for the trust and confidence of our board and of our workforce, Smith said.

Cenovus to redeem 3.80% notes due September 15, 2023 and 4.00% notes due April 15, 2024

Retrieved on: 
Monday, January 10, 2022

Cenovus has issued notice to the trustees of the Notes of its intent to redeem the Notes on the Redemption Date.

Key Points: 
  • Cenovus has issued notice to the trustees of the Notes of its intent to redeem the Notes on the Redemption Date.
  • On the Redemption Date, Cenovus will pay to the registered holders of the Notes a redemption price calculated in accordance with the indentures governing the Notes.
  • Beneficial holders of the Notes with questions about the redemption should contact the respective brokerage firm or financial institution that holds interests in the Notes on their behalf.
  • This news release does not constitute a notice of redemption of the Notes.