Bulking up: In an oil patch ripe for consolidation, Cenovus aims to ensure it’s a survivor


Foreign companies are pulling out of Alberta’s oil sands. The ranks of junior companies are thinning. It’s a recipe for consolidation that means Canada’s energy sector will soon be dominated by a handful of Calgary-based companies. With its takeover of Husky, Cenovus is trying to ensure it is one of the survivors.

from Report on Business - The Globe and Mail
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