Home / Mortgage Loans / Cenovus Energy Inc not impacted by oilsands’ emissions cap, CEO Brian Ferguson says
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Cenovus Energy Inc not impacted by oilsands’ emissions cap, CEO Brian Ferguson says

If oil prices deteriorate further, Cenovus can reduce spending by an additional $100 million to $200 million, Cenovus CEO Brian Ferguson said.

A new hard cap on greenhouse gas emissions in the oilsands won’t impact Cenovus Energy Inc.’s growth plans, president and CEO Brian Ferguson said Thursday.

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