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Cenovus receives approval to expand Christina Lake operation
Cenovus Energy Inc. (TSX, NYSE: CVE) has received approval from the Alberta Energy Resources Conservation Board (ERCB) to move forward with a major expansion at its Christina Lake oil sands operation. The approval covers three expansion phases (E, F and G) of 40,000 barrels per day (bbls/d) each, which would bring gross production capacity to 218,000 bbls/d once complete.

date.png27 Apr 2011 08:09 | comments.png 0 Comments | tags.png canada cenovus investment unconventional upstream [ More ]

Petroplus to Sell its Investment in PBF
Petroplus Holdings AG (SIX: PPHN) today announced that it has reached an agreement in principle with the Blackstone Group and First Reserve, its partners in PBF Energy Company LLC, for the sale of Petroplus’ 32.62% share of the company.

date.png28 Sep 2010 09:22 | comments.png 0 Comments | tags.png downstream investment pbf petroplus refinery [ More ]
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