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Canadian oil company Cenovus further cuts 2020 spending, suspends dividend citing oil prices

(Source: Reuters, April 2, 2020)

CALGARY — Canadian integrated oil and natural gas company Cenovus Energy said on Thursday it would reduce its full-year capital spending by another C$150 million ($106 million) and suspend its dividend, citing low global oil prices.

Full story: Reuters

Thursday, April 2, 2020

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