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Cenovus selling stake in two U.S. refineries to partner Phillips 66 for $1.9B

CALGARY — Cenovus Energy Inc. is looking to trim down its refining business with a $1.9-billion deal to sell half interests in two U.S. refineries to joint-venture partner Phillips 66. “This transaction aligns with our strategy of owning and operating the assets that are core to our business,” Cenovus chief executive Jon McKenzie said in […]


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