US EditionCenovus outlines $5 billion investment plan for 2026
Cenovus expects 4% production growth to 945,000–985,000 barrels of oil equivalent per day, supported by project ramp-ups and MEG Energy acquisition integration.
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Two of Canada's largest oil sands producers plan to increase their production next year without a major change in their investment spending compared to the previous year.
Rocky Mountain Outlook
Cenovus, Suncor aim for production boosts next year without big spending increases
CALGARY — Two of Canada's biggest oilsands producers are aiming to increase their output next year without any major year-over year changes in their capital spend. Cenovus Energy Inc. is expecting to spend between $4.
They do not foresee a major change in their investment expenditures. The post Cenovus and Suncor aim to increase their production next year appeared first on Les Affaires.
Canada's Cenovus Energy Forecasts Higher Production in 2026 - Energy News, Top Headlines, Commentaries, Features & Events
Canada’s Cenovus Energy on Thursday forecast higher crude oil production for 2026 as major oil sands projects near completion. The company expects upstream production between 945,000 and 985,000 barrels of oil equivalent per day (boepd) for 2026, surpassing its 2025 forecast range of 805,000 to 845,000 boepd.The producer said it would allocate C$850 million in spending ...
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