CNRL
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Proposed emissions cap on oil and gas sector ‘overly ambitious’The head of Canada's largest oil-and-gas producing company criticized the federal government's proposed emissions cap for the energy sector Thursday.CanadaAug 4
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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
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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
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Canadian Natural Resources reports Q4 profit up, raises quarterly dividendCanadian Natural Resources Ltd. is not betting the bank on a sustained oil price boom, even as Russia's invasion of Ukraine has sent benchmark crude soaring this week.MoneyMar 3
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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
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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
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Alberta reduced pollution payments for top-emitting oil sands site for 3 years: docsFrom 2018 to 2020, Alberta lowered Canadian Natural Resources Ltd's costs for its oil-producing Peace River site to comply with provincial emissions requirements.EnvironmentDec 8, 2021
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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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Alberta oil company requires workers be fully vaccinated or rapid test negative for COVID-19Effective Friday, Canadian Natural Resources Ltd. will require everyone on its work sites to be fully vaccinated against COVID-19 or take a rapid test.HealthAug 26, 2021
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4 workers allege unsafe lunchroom conditions at Canada’s largest workplace COVID-19 outbreakAn outbreak of COVID-19 at Canadian Natural Resources Horizon mine site has now grown to 1,496 cases and three workers have died.CanadaMay 18, 2021
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