CNRL
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Scott Stauth to take over as president of CNRLCNRL. president Tim McKay will retire next year after a five-year leadership stint that coincided with the Calgary-based company surpassing $100 billion in market value.EconomyNov 2
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Canadian Natural Resources’ Q4 profit down from year ago; extreme cold affects outputExtreme cold weather caused the company to reduce production, leading to a miss on profit expectations.CanadaMar 2
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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, 2022
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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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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, 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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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 10, 2021
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