Canadian Natural Resources says fears of another Alberta oil price crisis are ebbing thanks to the government’s production curtailment program and improving crude-by-rail profitability. Continue reading →

Canadian Natural Resources Ltd. reported a first-quarter profit of $961 million as it benefited from higher prices due in part to Alberta’s mandatory production curtailment. Continue reading →

Canadian Natural Resources Ltd. is cutting production expectations as damage is repaired from a fire at the Scotford Upgrader northeast of Edmonton two weeks ago. Continue reading →

Environment Canada scientists say four major oilsands mines are releasing an average of about one-third more carbon dioxide per barrel of oil than they report. Continue reading →

Norway’s US$1-trillion wealth fund, the biggest of its kind in the world, will begin dumping shares in oil and gas companies including some Canadian names, but stopped short of barring major producers like Suncor, ExxonMobil and Chevron. Continue reading →

Canadian Natural Resources lost $776 million in the fourth quarter, compared with a profit of $396 million a year earlier. Continue reading →

Workers in eastern Alberta are breathing a sigh of relief Friday after CNRL said the province easing the oil production cap means it can keep the ECHO pipeline running. Continue reading →

Imperial Oil Ltd. is cutting its crude-by-rail shipments from 168,000 barrels per day in December to “near zero” this month and its CEO is placing the blame squarely on the Alberta government’s oil production curtailment order. Continue reading →

Workers in communities like Bonnyville, Lakeland County, Elk Point and Lloydminster are worried changes to Alberta’s oil curtailment formula will cost as many as 1,000 people their jobs. Continue reading →