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Cenovus Energy Inc T.CVE.PR.B


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

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. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.


TSX:CVE - Post by User

Comment by mrbbon May 01, 2024 1:22am
93 Views
Post# 36016538

RE:RE:Husky oil spill… Cenovus fined

RE:RE:Husky oil spill… Cenovus fined

my 2 cents

the husky offshore oil spill at newfoundland is way overblown, it is for the gov't to show off to the  public that they are on top of thing. Yes, it's good to keep management accountable but in world scale of things, 250 cubic meter spill is just a spit in world dumping scale. This oil spil was due to equipment malfunction or operator error, not due to poor corporate safety or environmental policy. 

Cenovus Energy has been ordered to pay a $2.5-million fine for its role in the largest offshore oil spill ever recorded in Newfoundland and Labrador.

Note the word 'recorded'. I can assure you there many many more oil spilled in the area, and around the world ocean NOT recorded from passing ships that go into other countries or international water way to dump their waste water and bunker oil into the sea, everyday.  Big difference between clean crude oil versus bunker oil. Raw crude are easily biodegradeable, not toxic unlike bunker oil.  I do not believe 1 bird or 1 fish was killed from that 250 m3 oil spilled from husky. 

Cargo ships dumping oil into the sea go unpunished – DW – 03/22/2022

 According to the group's estimate, the amount of oily water dumped into the oceans this way could amount to more than 200,000 cubic meters (52.8 million gallons) annually, or roughly five times the equivalent of the 1989 Exxon Valdez spill in Alaska — one of the worst maritime environmental disasters.

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