Cenovus Energy
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About Cenovus Energy

About Cenovus Energy

Cenovus Energy Inc. is a Canadian integrated oil and natural gas company. It is committed to maximizing value by sustainably developing its assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and established natural gas and oil production in Alberta and British Columbia. The company also has 50% ownership in two U.S. refineries. Cenovus shares trade under the symbol CVE, and are listed on the Toronto and New York stock exchanges. At Cenovus, we embrace diversity of thought, experience and backgrounds to help us make better business decisions, address our challenges, seize opportunities and unlock innovative solutions. Building an inclusive workplace by drawing on the skills and talents of a diverse workforce provides Cenovus with a competitive advantage. We believe it's essential to maximize the potential of everyone who works for our company and ensure people feel respected, appreciated and heard. For more information, visit cenovus.com.

Our environmental, social and governance goals

We’ve set bold sustainability targets. Check out our video with Al Reid, Executive Vice President, Stakeholder Engagement, Safety, Legal & General Counsel to see how we’re further integrating environmental, social and governance (ESG) considerations into our business.

Cenovus Indigenous Housing Initiative

Our Indigenous Housing program, announced in January 2020, is the largest community investment initiative in Cenovus’s history, aimed at addressing one of the most pressing issues facing Indigenous communities in Canada – the lack of adequate housing that is forcing many families to live in overcrowded and unsafe conditions.

A billion reasons to be proud

On July 10, 2019, we became the first company in the oil sands to produce a billion barrels of oil using steam-assisted gravity drainage (SAGD) technology.

How we get oil out of the ground in the oil sands

We'd like to introduce you to a different kind of oil sands -- that uses drilling to access the oil. Watch this animation to learn how we drill and then use steam to separate oil from sand that's deep underground. It's called steam-assisted gravity drainage, or SAGD.

Tour our camps

When our staff stay on site they live in an area called a camp. Watch this video to learn about our camp facilities. We use it to show prospective new staff what living at one of our drilling projects is like.

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Company Details

Headquarters

225 6 Ave SW Calgary, AB T2P 0M5

Revenue

more than $10bn (CAD)

Employees

1,001 to 5,000