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Other Liabilities | 12 Months Ended
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Dec. 31, 2024
Miscellaneous non-current liabilities [abstract] |
Other Liabilities |
25. OTHER LIABILITIES
As at December 31, | 2024 |  | 2023
Renewable Volume Obligation, Net (1) | 284 |  | 397
Pension and Other Post-Employment Benefit Plan | 269 |  | 276
Employee Long-Term Incentives | 96 |  | 100
Provisions for Onerous and Unfavourable Contracts | 66 |  | 72
Provision for West White Rose Expansion Project (2) | 54 |  | 156
Drilling Provisions | 3 |  | 25
Other | 147 |  | 157
| 919 |  | 1,183
(1)The gross amounts of the renewable volume obligation (“RVO”) and RINs asset were $652 million and $368 million, respectively (December 31, 2023 – $785 million and $388 million, respectively). (2)Cenovus expects to draw down the provision by $54 million in the next 12 months.

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