ConocoPhillips puts up 10% stake in Cenovus; goal net zero GHG by 2050

Gary Park

for Petroleum News

ConocoPhillips is in a hurry to spruce up its environmental image, announcing plans to unload its 10% stake in Canadian oilsands producer Cenovus Energy, valued at US$2 billion. Just six months after startling the market when it made a move to outstrip its major rivals, setting an operational goal o....