Cenovus Energy (CVE +2.4%) CEO Brian Ferguson says Canada’s second-largest oil producer plans to...

|About: Cenovus Energy, Inc. (CVE)|By:, SA News Editor

Cenovus Energy (CVE +2.4%) CEO Brian Ferguson says Canada’s second-largest oil producer plans to step up shipments to refineries on the Gulf of Mexico regardless of whether the U.S. approves the Keystone pipeline. CVE expects to export 150K bbl/day to the Gulf mostly through Keystone and two other pipelines, is increasing the use of rail, and is even mulling tanker shipments.