The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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Oct 27 (Reuters) - Canadian oil producer Cenovus Energy Inc (CVE.TO) (CVE.N) reported a quarterly loss, compared with profit in the year-ago period, when it recorded a C$1.9 billion ($1.42 billion) after-tax gain.
The Calgary-based company posted a net loss of C$251 million ($187.79 million), or 30 Canadian cents per share, in the third quarter ended Sept. 30, compared with a profit of C$1.80 billion ($1.35 billion), or C$2.16 per share, a year earlier.
Production fell 1.1 percent to an average of 208,072 barrels of oil per day, while natural gas production fell nearly 8.8 percent.
Along with the rapid development of China's energy industry, China Oil & Gas Pipeline network is experiencing unprecedented great structure, large-scale construction and giant leap. Read More >
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