Cenovus Energy to buy ConocoPhillips’s oil and gas assets in Canada for $13.3bn

Cenovus Energy to buy ConocoPhillips’s oil and gas assets in Canada for $13.3bn

Oil and gas industry news : Canadian oil company, Cenovus Energy has agreed to acquire CAD 17.7 billion (USD 13.3 billion) worth stakes in American global energy firm ConocoPhillips’s Canadian oil and gas assets. As per the agreement terms, ConocoPhillips’ subsidiary, ConocoPhillips Canada will sell a non-operated stake of 50% in the Foster Creek Christina […]