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Bullboard - Stock Discussion Forum 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.... see more

TSX:CVE - Post Discussion

Cenovus Energy Inc > Will IMPROVE CVE Refinery MARGINS IF SHUTDOWN LASTS 1W+
View:
Post by ztransforms173 on Jul 17, 2024 1:15pm

Will IMPROVE CVE Refinery MARGINS IF SHUTDOWN LASTS 1W+

1W+: MORE THAN ONE WEEK

^^^


Exxon shut Joliet, Illinois, refinery after power outage

 
 



Exxon Mobil shut down its 251,800-barrel-per-day refinery at Joliet, Illinois, due to a power outage after a storm, according to a filing late on Monday.

The loss of power caused a flaring incident on Monday night, the filing showed.

Exxon did not immediately respond to a request for comment.

The plant went down due to heavy wind and rain, two industry sources said.

A severe storm passed through Joliet on Sunday, according to the National Weather Service, leaving thousands without power.

“Situations like this take time to recover as they will have to see if the sudden shutdown did damage to any of the units,” one of the sources said.

The Joliet refinery mainly processes Canadian crude oil and produces around 9 million gallons a day of gasoline and diesel, according to the company website.

(Reporting by Nicole Jao; Editing by Leslie Adler)

https://boereport.com/2024/07/16/exxon-shut-joliet-illinois-refinery-after-power-outage/

***

- the Cenovus Energy REFINERIES in OHIO (Lima + Toledo) will TAKE UP ANY SLACK

z173
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