Cenovus to sell C$800M asset to accelerate debt reduction
Cenovus Energy, the Canadian-based integrated energy company, agreed to sell the Tucker thermal asset, located in Alberta, for C$800 million. The proceeds from the sale...
Tag : capital expenditures
Suncor Energy to ramp up production expects 5% more oil in 2022
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Suncor Energy, Canada’s leading integrated energy company, announced this Monday its capital expenditures program for 2022, which establishes an expected increase of 5% in its...
Gran Tierra Energy announces $220M in capex for 2022
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Gran Tierra Energy, an international oil and natural gas producer currently developing assets in Colombia and Ecuador, announced its capital guidance for 2022 this week....
ConocoPhillips to drop its capital expenditures budget to $5,3 billion
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ConocoPhillips plans to drop its capital expenditures budget, and to maintain a conservative approach, despite the rally of oil prices; CEO of the company Ryan...
Chevron releases reinforced plan for higher returns and lower carbon operations
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Chevron released a reinforced program to achieve higher returns for stakeholders and lower carbon operations; it pretends to more than doubling return on capital employed...