Cenovus in $5.7 billion deal to acquire oil sands player

MEG Energy spurns Strathcona offer in favour of larger Cenovus deal

Cenovus Energy chief executive Jon McKenzie.
Cenovus Energy chief executive Jon McKenzie.Photo: CENOVUS
Published 22 August 2025, 13:34Updated 22 August 2025, 13:34
Cenovus EnergyMEG EnergyStrathcona ResourcesCanadaChristina Lake