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Cenovus Energy Inc T.CVE

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

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

Post by geezer21on Oct 30, 2021 5:26pm
297 Views
Post# 34068900

JCPOA Deal Unlikely. Oil Price Momentum Likely to Continue

JCPOA Deal Unlikely. Oil Price Momentum Likely to Continue
https://news.antiwar.com/2021/10/29/biden-hits-iran-with-new-sanctions-ahead-of-nuclear-deal-talks/


Biden Hits Iran With New Sanctions Ahead of Nuclear Deal Talks

The sanctions signal the US is not serious about reviving the nuclear deal

A few days after Iran said it was ready to ready to return to negotiations to revive the nuclear deal, the Biden administration hit Iran with fresh sanctions.

The Treasury Department said the sanctions targeted two senior members of Iran’s Revolutionary Guard Corps (IRGC) and two companies the US accuses of exporting drones.

Because the US has already blacklisted the IRGC as a “terrorist” organization, all of its members are already under sanctions, so the new measures will have little impact. But the move is symbolic and sends a signal to Tehran that the US is not serious about giving Iran sanctions relief to revive the JCPOA.

Iranian officials said Tuesday that Tehran plans to return to JCPOA negotiations in Vienna by the end of the month. A date hasn’t been set, but the EU said Friday that Iran and the other powers involved in the talks are working on setting one.

Iran’s decision to return to the talks came after the new government of Iranian President Ebrahim Raisi reviewed the progress made in the initial rounds of negotiations that lasted from April to June.

Raisi has good reasons to doubt that the US is serious about reviving the deal since the Biden administration refused to lift all Trump-era sanctions in the earlier talks. This forces Iran to negotiate limited sanctions relief, and the two sides remained far apart on key issues.
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