CBC.caOil giants look to invest despite losses and price collapseCBC.caSince oil prices began to nosedive two years ago, Cenovus Energy has been on its heels, desperately trying to cut costs. Management slashed capital spending, delayed projects and cut th …

CBC.caCenovus loss widens to $472 million as oil company slashes spending plansCBC.ca"These are challenging times for the oil and gas industry," CEO Brian Ferguson said. "Cenovus is taking steps to ensure we remain strong during this market …