Cenovus continues upstream disposal drive amid uncertain future for high-cost Newfoundland assets

Canadian oil sands major will retain Asian assets that came with Husky Energy acquisition, but future of Newfoundland fields is unclear

Selling assets: Alex Pourbaix, president and chief executive of Cenovus Energy
Selling assets: Alex Pourbaix, president and chief executive of Cenovus EnergyPhoto: REUTERS/SCANPIX
Published 2 August 2021, 08:30Updated 2 August 2021, 09:52