11:48:55 EDT Mon 30 Mar 2026
Enter Symbol
or Name
USA
CA



Cenovus Energy Inc
Symbol CVE
Shares Issued 1,880,067,002
Close 2026-03-27 C$ 37.23
Market Cap C$ 69,994,894,484
Recent Sedar+ Documents

Globe says Cenovus, others see pipeline still in play

2026-03-30 09:18 ET - In the News

Also In the News (C-CNQ) Canadian Natural Resources Ltd
Also In the News (C-IMO) Imperial Oil Ltd
Also In the News (C-SU) Suncor Energy Inc

The Globe and Mail reports in its Saturday edition that Canada's Oil Tanker Moratorium Act could be amended or repealed if Alberta and Ottawa reach an agreement under a memorandum of understanding signed last fall for a possible new pipeline to the West Coast. The Globe's Justine Hunter and Jeffrey Jones write that the oil tanker moratorium prevents large oil tankers from loading or unloading at the two deepwater ports on British Columbia's north coast -- Kitimat and Prince Rupert. It established a barrier to building a pipeline to either port for Alberta oil, by prohibiting tankers with more than 12,500 tonnes of crude or other heavy oil as cargo from stopping, loading, or unloading at ports or marine installations in the north coast region. A change to the law is necessary for a pipeline extension to B.C.'s north coast, and it is still unclear whether Alberta, Ottawa, as well as first nations leaders, can agree on terms that would persuade the federal government to amend or lift the moratorium. The moratorium still stands in the way of Alberta Premier Danielle Smith's ambitions for a new pipeline across Northern B.C. The proposed pipeline is still without private-sector investment or a defined route.

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