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Cenovus Energy Inc T.CVE

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

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 RagingBull3on Jun 24, 2021 10:07am
85 Views
Post# 33440898

RE:RE:CVE is an investor in generalfusion

RE:RE:CVE is an investor in generalfusionChina has already done it.    They Built one and manage to maintain nuclear fusion for I think over a minute I believe.  They call it thier artificial SUN.    So, it's possible, Fusion.

https://www.popularmechanics.com/science/energy/a36630528/china-artificial-sun-breaks-fusion-world-record/#:~:text=1%20China%20has%20set%20a%20new%20record%20for,far%20off%20from%20true%20sustained%20energy%20for%20fusion.

All just my opinion/view/thinking

autofocus111 wrote: GeneralFusion back in the news. CVE was an early investor. I wonder if they could get carbon credits for that or future investments?

>>>Burnaby-based General Fusion, a company backed by Jeff Bezos and Cenovus Energy Inc., harbours ambitions as big as they come: it wants to master nuclear fusion, essentially the same process that generates heat in the sun....Last week, Chris Mowry, chief executive of the Burnaby-based company signed paperwork with the United Kingdom government to build a US$400 million nuclear fusion test plant at Culham in Oxfordshire. If construction on the proposed plant, announced on June 16, begins as expected next summer, it may be the first public-private nuclear fusion demonstration plant in the world.While the company remains private, Mowry acknowledged the company has ample funding needs and would likely access public markets as it seeks to commercialize its technology by 2030. Other investors include Cenovus Energy Inc., The Business Development Bank of Canada and Sustainable Development Technology Canada, while collaborators include Microsoft Corp.

https://financialpost.com/commodities/the-last-energy-source-well-ever-tame-b-c-startups-400m-u-k-plant-aims-to-harness-nuclear-fusion-technology


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