Pourbaix replaces Brian Ferguson, who announced his retirement earlier this year following Cenovus’ $17.7 billion acquisition of oil sands and natural gas assets from ConocoPhillips.
U.S. Energy Secretary Rick Perry has come up with a controversial plan to slow the closure of coal-powered fire plants, under the guise of stabilizing the power grid.
U.S. President Donald Trump will shrink the size of two national monuments in Utah, Senator Orrin Hatch of Utah said on Friday, a change that will open parts of them to drilling and mining but which Democrats, environmental groups and Native Americans are vowing to fight.
Cameco said its most immediate goal was to remain competitive and in a position to be among the first to respond when the market calls for more uranium.
The current debate surrounding coal is generally one of how long it will continue to play a role in the world's energy mix before it is replaced by cleaner alternatives, but the coming years may see a deficit in seaborne markets for the polluting fuel.