Cenovus Energy Inc. is a Canadian integrated oil and natural gas company engaged in the development, production, and marketing of crude oil, natural gas liquids (NGLs), and natural gas. With a strong ... Cenovus Energy Inc. is a Canadian integrated oil and natural gas company engaged in the development, production, and marketing of crude oil, natural gas liquids (NGLs), and natural gas. With a strong focus on sustainable and efficient production, Cenovus employs advanced techniques in its oil sands operations in Alberta to minimize environmental impact while maximizing output. One of the key features of Cenovus’s operations is its commitment to use steam-assisted gravity drainage (SAGD) technology, which significantly enhances recovery rates from oil sands reserves. This technology not only improves efficiency but also contributes to reducing the environmental footprint of its operations. Cenovus also plays a significant role in refining and marketing, with refining operations primarily located in the U.S Midwest, allowing it to capture value across the entire hydrocarbons value chain. As an industry leader, Cenovus is pivotal in Canada’s energy sector, driving innovation and contributing to the country’s economic strength while addressing global energy demands. Its diverse portfolio and strategic positioning enable it to remain a key player in the North American energy market.
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