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

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. 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.

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Cenovus Energy Inc > Energy Consumption By Country

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Comment by RagingBull3on Jan 07, 2022 12:37pm

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Post# 34293455

RE:RE:Energy Consumption By Country

WRONG.... Oil is just a subset of the TOTAL Energy Picture. I did not say China Dwarfs the USA in Oil Consumption. If you want to talk about OIL, then China is the Largest Importer, followed by India, South Korea, and then in 4th place USA.

But for Total Energy Consumption.... China DWARFS USA.

According to this website.
Trade Balance Statistics | World Crude Imports & Exports | Enerdata

All just my opinion/view/thinking/observing.

TopStockBuy wrote: Wrong. Energy is not just oil. The USA completely dwarfs every country on earth in terms of oil consumption and demand from the US is still rising. Nobody even comes close to the US, China is a distant second and India is a third of China's consumption, but the fact that you pointed out China and India's demand will increase just validates demand for oil is going to increase substantially even if US demand drops.

RagingBull3 wrote: China already dwarfs the USA. India will soon do the same and probably surpass China in the far future.

Demand for Oil not going away.... USA already exporting oil and LNG to Asia....

Canada content on exporting to the USA at Huge Discounts.

World Energy Consumption Statistics | Enerdata

All just my opinion/view/thinking/guessing