Bullboard - Stock Discussion Forum Cenovus Energy Inc CVE

Primary Symbol: T.CVE Alternate Symbol(s): T.CVE.WT | T.CVE.PR.A | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G | CNVEF | CVE.WS

Energy Oil & Gas Integrated

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore.... see more

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Cenovus Energy Inc > TMX nearing the shipping stage

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Post by andy604 on May 02, 2024 7:57pm

TMX nearing the shipping stage

Trans Mountain Announces Milestones of Commercial Service for Expanded System

May 1, 2024, signifies the commercial commencement date for the Expanded System. As of today, all deliveries for shippers will be subject to the Expanded System tariff and tolls, and tankers will be able to receive oil from Line 2 by mid-May.

Line fill on the Expanded System continues, and is expected to be completed within the next few weeks. Both the existing and expanded pipelines are now able to transport crude oil and Trans Mountain has the ability to load cargoes from all three berths. As of April 30, 2024, the expanded pipeline is 70 per cent full by volume, and 69 per cent complete by distance.

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