Canadian oil producer Cenovus Energy Inc is considering further expansion of its agreements to move crude through Canada’s two major railways, its chief executive officer said on Wednesday.
Cenovus could expand deals to transport 100,000 barrels per day (bpd) in total via Canadian National Railway Co and Canadian Pacific Railway Ltd by a further 20,000 bpd, CEO Alex Pourbaix said in an interview at the Reuters Global Commodities Summit.
Source: Reuters
