Husky Energy

Husky Energy was founded in 1938 in Cody, Wyoming In 1986, Hong Kong-based Li Ka-shing acquired 43% of Husky, and in 1991 he purchased NOVA's remaining interests, expanding his stake to 95%. In 1998, Husky purchased Mohawk Oil, the largest independent chain of consumer filling stations in Western Canada. In 2000, the company acquired Renaissance Energy, controlled by Li Ka-shing. In 2003, it acquired the Canadian unit of the American-based Marathon Oil Corporation. In November 2017, Husky acquired the a refinery in Superior, Wisconsin from Calumet Specialty Products Partners LP for $492 million. In 2019, the company dropped a bid to acquire MEG Energy after failing to get shareholder support. In 2020, Cenovus Energy offered to acquire Husky for $3.8 billion; Li would own 27.2% of the merged company. The acquisition was completed in January 2021. ==Operations==

Its offshore business includes the Asia Pacific and Atlantic regions. In Asia Pacific, Husky's Liwan Gas Project in the South China Sea achieved first production in 2014. The liquids-rich BD field offshore of Indonesia came online in 2017, and the company is advancing additional shallow water fields. Husky also has a portfolio of oil sands leases, encompassing some 2,500 square kilometres in the Fort McMurray region of northern Alberta. Its Sunrise Energy Project achieved first production in early 2015. Husky's Ethanol Plant in Minnedosa, Manitoba has been producing ethanol to be blended into gasoline since 1981. In 2007 it was expanded and produces about 130 million litres of ethanol per year. Husky and BP arranged a joint venture in 2008 in order to develop and process Alberta bitumen through which Husky acquired a 50% share This refinery has been upgraded with a coker and is processing bitumen from Sunrise. Retail operations In December 2009, Husky acquired 98 Sunoco and Petro-Canada stations in Ontario as part of Suncor Energy's acquisition of Petro-Canada. In October 2015, Husky announced an agreement with Imperial Oil to combine its commercial cardlock network with Esso's network. As part of the agreement, all Husky cardlock locations were rebranded as Esso cardlocks in 2017, and selected retail locations—including Husky's travel centres—also switched fuel suppliers to Esso. In January 2019, Husky stated that it was exploring the sale of its retail network and Prince George refinery. In December 2021, Cenovus announced its intent to sell 337 gas stations to Parkland Fuel and Federated Co-operatives, retaining the travel centres and commercial fuels business that operate under the Esso brand. Federated Co-operatives will transfer its locations to local members under the Co-op brand, or independent owners under the Tempo brand. ==Leadership==

President Glenn E. Nielson, 1938–1967 Gene E. Roark, 1967–1972 James E. Nielson, 1972–1979 Arthur R. Price, 1984–1993 James D. McFarland, 1995–1998 John Lau, 1998–2010 Asim Ghosh, 2010–2016 Robert J. Peabody, 2016–2020 Chairman of the Board Glenn E. Nielson, 1967–1979 S. Robert Blair, 1979–1992 Simon Murray (Co-), 1987–1995 George C. Magnus (Co-), 1992–1995 Victor Li (Co-), 1995–2020 Canning Fok (Co-), 1995–2020 ==References==