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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE.WT


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

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

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Post by retiredcf on Aug 28, 2022 8:00am

Libya

Sad to see but this could again raise the price of oil. GLTA

Rival factions battled across Libya’s capital on Saturday in the worst fighting there in two years as a months-long political standoff burst into urban warfare that threatens to escalate into a wider conflict.

A health ministry source said 23 people were killed in Saturday’s fighting including 17 civilians. The ministry earlier said 87 people had been injured.

Sustained fighting in the city over the control of government would likely plunge Libya back into full-blown war after two years of comparative peace that brought an abortive political process aimed at holding national elections.

Overview. Libya was the seventh-largest crude oil producer in OPEC and the third-largest total petroleum liquids producer in Africa, after Nigeria and Algeria, in 2021. At the end of 2021, Libya held 3% of the world's proved oil reserves and 39% of Africa's proved oil reserves

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