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Husky considers sale of Canadian downstream assets

Husky Energy is undertaking a strategic review that could result in the potential sale of its Canadian retail and commercial fuels business, which includes the 12kbd (0.6MntaMnta) Prince George refinery in British Columbia.

The decision comes as the company moves focus on to core assets in its integrated corridor, as well as its offshore business in Atlantic Canada and the Asia-Pacific region.

The refinery processes light oil into low-sulphur gasoline and ultralow-sulphur diesel, along with other products, and supplies refined products to retail outlets in British Columbia’s central and northern regions.