Canadian Natural Resources
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Canadian Natural president says oil sands growth depends on new West Coast pipelineThe President of Canadian Natural Resources says long-term growth in Canada's oil sands depend on construction of a new pipeline to the Pacific coast.MoneyMay 7
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CNRL defers oilsands mine expansion, citing regulatory uncertaintyCNRL says it's putting Jackpine mine expansion spending on hold until it gets more clarity around expected changes to federal carbon pricing and methane emissions rules.MoneyMar 5
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Canadian Natural president awaiting more detail on Ottawa’s climate plansThe president of oil and gas giant Canadian Natural Resources Ltd. says this week's federal budget had some positive signs for the industry, but he's waiting on more details.EconomyNov 7, 2025
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Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per centCNRL announces expansion plans one day after the commercial start-up of the Trans Mountain pipeline.EconomyMay 2, 2024
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Canadian Natural Resources sees first quarter profit more than doubleWith the war in Ukraine pushing oil prices to heights not seen in years, CNRL said it now expects its net debt level to fall below $8 billion in late 2022 or early 2023.EconomyMay 5, 2022
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As world scrambles for oil, Canadian producers reluctant to spend on growth'These geopolitical situations, as fast as (price) goes up, as fast it can go down,' CNRL president Tim McKay said. 'It's very volatile, so you have to manage to those cycles.'MoneyMar 3, 2022
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Oil Sands Alliance to focus on energy industry sustainability, advancing net zero ambitionsThe Oil Sands Alliance was established Jan. 1, with membership consisting of producers Suncor, Cenovus, Imperial Oil, Canadian Natural Resources Ltd. and ConocoPhillips.CanadaJan 14, 2022
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Canadian Natural Resources expects to increase capital spending for 2022Canadian Natural Resources Ltd. says it expects about $4.3 billion in capital spending this year, up from nearly $3.5 billion in 2021.MoneyJan 11, 2022
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CNRL to acquire Storm Resources for $6.28 per shareCNRL says it has reached a deal to acquire Calgary-based oil and gas explorer Storm Resources Ltd. for $6.28 per share, a price that pegs Storm's enterprise value at $960 million.MoneyNov 11, 2021
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Canadian Natural reports $2.2B Q3 profit, raises quarterly dividendCNRL chief executive Tim McKay said the company "will require collaboration'' from government in order to meet its goal of achieving net-zero greenhouse gas emissions by 2050.MoneyNov 4, 2021
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