XML 112 R75.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Commitments and Contingencies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Commitments And Contingencies [Abstract] |
Minimum Future Payments, Commitments And Contingent Liabilities | Future payments for the Company’s commitments are below:
As at December 31, 2024 | 1 Year |  | 2 Years |  | 3 Years |  | 4 Years |  | 5 Years |  | Thereafter |  | Total
Transportation and Storage (1) (2) | 2,122 |  | 1,947 |  | 1,921 |  | 1,904 |  | 1,815 |  | 14,551 |  | 24,260
Product Purchases | 14 |  | — |  | — |  | — |  | — |  | — |  | 14
Real Estate | 63 |  | 63 |  | 61 |  | 59 |  | 63 |  | 532 |  | 841
Obligation to Fund HCML | 104 |  | 105 |  | 98 |  | 56 |  | 44 |  | 105 |  | 512
Other Long-Term Commitments | 411 |  | 191 |  | 187 |  | 158 |  | 117 |  | 589 |  | 1,653
Total Commitments | 2,714 |  | 2,306 |  | 2,267 |  | 2,177 |  | 2,039 |  | 15,777 |  | 27,280
As at December 31, 2023 | 1 Year |  | 2 Years |  | 3 Years |  | 4 Years |  | 5 Years |  | Thereafter |  | Total
Transportation and Storage (1) (2) | 2,018 |  | 1,927 |  | 1,680 |  | 1,663 |  | 1,641 |  | 15,738 |  | 24,667
Product Purchases | 617 |  | — |  | — |  | — |  | — |  | — |  | 617
Real Estate | 57 |  | 57 |  | 59 |  | 63 |  | 58 |  | 604 |  | 898
Obligation to Fund HCML | 94 |  | 94 |  | 94 |  | 89 |  | 52 |  | 90 |  | 513
Other Long-Term Commitments | 417 |  | 194 |  | 184 |  | 175 |  | 166 |  | 965 |  | 2,101
Total Commitments | 3,203 |  | 2,272 |  | 2,017 |  | 1,990 |  | 1,917 |  | 17,397 |  | 28,796
(1)Includes transportation commitments that are subject to regulatory approval or were approved but are not yet in service of $854 million (December 31, 2023 – $13.0 billion). Terms are up to 20 years on commencement. (2)As at December 31, 2024, includes $1.8 billion related to transportation and storage commitments with HMLP (December 31, 2023 – $2.1 billion).

X
- Definition Commitments And Contingencies [Abstract] + References No definition available. + Details
Name: | cve_CommitmentsAndContingenciesAbstract
Namespace Prefix: | cve_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Minimum Future Payments, Commitments And Contingent Liabilities + References No definition available. + Details
Name: | cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock
Namespace Prefix: | cve_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration