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 made a successful bet with a 31.4 billion deal. Cenovus Energy, a subsidiary of China Long acquired Athabasca Oil, a Canadian oil company. The deal demonstrates Li Jiaxing's sustained business prowess and China Long's focused oil investments. The trend shows Li Jiaxing's ability to make large-scale deals and China Long's expansion in the oil industry.

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