Cenovus Energy Inc. is a Canadian integrated oil and natural gas company. The company was founded in 2009 when Encana Corporation split into two separate companies, with Cenovus focusing on oil sands production and conventional oil and gas production. The company is headquartered in Calgary, Alberta, Canada, and has operations in several provinces across Canada as well as in the United States.
Cenovus is primarily focused on oil sands production, which involves extracting bitumen from the ground using a combination of mining and in-situ drilling methods. The company also produces conventional oil and gas through its Deep Basin assets in northwestern Alberta and northeastern British Columbia. In addition to production, Cenovus has a strong focus on refining and marketing its products, with its refining operations located in Illinois and Texas.
One of Cenovus's key strengths is its commitment to operational excellence and safety. The company places a strong emphasis on safety culture and has implemented numerous programs and initiatives to ensure the safety of its employees and contractors. Cenovus is also committed to responsible environmental stewardship, striving to minimize its impact on the environment through the use of innovative technologies and best practices.
Cenovus has a diverse customer base, with its products sold both domestically and internationally. The company is committed to building strong relationships with its customers and delivering high-quality products and services that meet their unique needs. Cenovus also places a strong emphasis on community engagement, investing in initiatives that support the communities where it operates and working to build positive relationships with local stakeholders.