Canadian Natural Resources Limited

• Canadian Natural Resources hits record oil production amid rising U.S. demand

  Canadian Natural churned out 1.42 million barrels of oil equivalent per day in the fourth quarter, up nearly 10 per cent year over year.

  Canada

  Feb 29
  
• Canadian Natural reports $2.2B Q3 profit, raises quarterly dividend

  CNRL 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.

  Money

  Nov 4, 2021
  
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• Big oil companies eligible for millions from federal coronavirus bailout to clean up sites

  There are currently close to 100,000 inactive wells in the province, which are wells that have stopped producing.

  Investigations

  Dec 17, 2020
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• Sturgeon Refinery now refining Alberta bitumen

  The refinery began producing diesel from synthetic oil in late 2017, but problems with a gasifier unit on site delayed the switch to bitumen.

  Economy

  May 20, 2020
• Alberta suspends some environmental monitoring at 16 oilsands projects due to COVID-19

  Alberta is temporarily suspending more than a dozen monitoring requirements for oilsands operators that asked it for COVID-19 relief.

  Environment

  May 6, 2020
• CNRL acquires Joslyn oilsands project for $225M, deal expected to close next month

  Canadian Natural Resources Ltd. has signed a deal to buy the Joslyn oilsands project for $225 million from Total SA and its partners.

  Money

  Aug 31, 2018
• Shell to sell entire interest in Canadian Natural Resources for $4.3B

  Royal Dutch Shell is selling its stake in Canadian Natural Resources Ltd. for about $4.3 billion, saying proceeds from the sale will contribute to reducing net debt.

  Money

  May 8, 2018
• CNRL mulls over bitumen-only expansion at Horizon oilsands mine

  Canadian Natural Resources Ltd. is considering adding a 30,000- to 40,000-barrel-per-day bitumen-only project to its Horizon oilsands mine to take advantage of excess ore production and pipeline capacity.

  Economy

  Nov 10, 2017
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• Calgary-based Canadian Natural Resources approves third expansion of Horizon project

  Canadian Natural Resources says it has approved another expansion of its Horizon oilsands mine but must revisit the scope of the project because of unexpectedly robust production from two previous expansions.

  Economy

  May 4, 2017
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• Canadian Natural Resources Q1 profit comes in below estimates

  CNRL is reporting $245 million of net income for the first quarter, a big improvement from the loss it experienced at the same time last year but less than analysts expected.

  Money

  May 4, 2017