Cenovus Energy's Major Acquisition

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By Sarah Davis • Updated Oct 15, 2026 at 07:40

{Li Jiaxing's Bold Move|Li Jiaxing's Strategic Investment|Li Jiaxing's 31.4 Billion Deal|China Long's Oil Acquisition|Cenovus Energy's Major Acquisition} — Cenovus Energy's Major Acquisition

Li Jiaxing secured a major acquisition with a 31.4 billion deal. Cenovus Energy, owned by China Long acquired Athabasca Oil, a prominent Canadian oil firm. The deal demonstrates Li Jiaxing's sustained business prowess and China Long's focused oil investments. The trend reveals Li Jiaxing's talent for substantial business deals and China Long's expansion in the oil industry.

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