Post Tagged with: "Canadian Natural Resources"

Source: Reuters

Long-suffering Canadian oilpatch faces ‘biggest existential crisis’ yet

Reuters


Canada’s oil patch has endured five years of existential threats that have pruned weaker companies, but now its strongest firms are trying to navigate the coronavirus pandemic, which has set off the worst crisis in the oil industry in …

Canadian Natural swings to loss, slows output as oil prices slump

Canadian Natural swings to loss, slows output as oil prices slump

Reuters


Canadian Natural Resources Ltd (CNQ.TO) posted a quarterly loss on Thursday compared with a year-ago profit, hurt by the sharp decline in oil prices caused by the novel coronavirus outbreak and a price war between Saudi Arabia …

Canadian Natural Resources Limited announces 2020 budget

Canadian Natural Resources Limited announces 2020 budget

Oil and Gas 360


CALGARY, Alberta, Dec. 04, 2019 (GLOBE NEWSWIRE) — Commenting on the Company’s 2020 budget, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, “Canadian Natural’s ability to generate significant and sustainable free cash flow sets us apart …

December 4, 2019 - 1:30 pm Canada, Closing Bell Story‎, Energy News
Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

From Reuters


Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network.

Canadian Natural’s letter …

Canadian Oil Companies See Output Cuts Easing as Rail Capacity Grows

Canadian Oil Companies See Output Cuts Easing as Rail Capacity Grows

From Reuters


Major Canadian oil companies, which publicly disagreed over the Alberta government’s forced curtailments this year, are in lockstep over how to end the production limits and reinvigorate the battered industry.

Senior executives from Suncor Energy, Canadian Natural Resources, …

Source: Canadian Natural Resources

Devon Energy Sells Canada for $2.8 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360

Devon looks to focus on oil-based growth in U.S., departs Canada
Canadian Natural Resources Limited (stock ticker: CNQ) inked a deal this Wednesday to acquire Devon Energy Corp.’s (stock ticker: DVN)

Canadian Natural Resources Raises $527 Million with Cold Lake Pipeline Sale

Canadian Natural Optimism Up on Oil Curtailments, Crude-by-Rail Rebound

From the Canadian Press/Fort McMurray Today

Fears of another Alberta oil price crisis are ebbing thanks to the government’s production curtailment program and improving crude-by-rail profitability, says the president of oilsands producer Canadian Natural Resources Ltd.

But anxiety …

May 10, 2019 - 12:27 pm Closing Bell Story‎, Energy News
Source: Canadian Oil Sands Ltd.

Canadian Oil Sands: Producers Weigh In On Curtailments, Historically High Differentials, Transporting Oil Out

Q4 earnings caps a wild quarter
By Richard Rostad, analyst, Oil & Gas 360

Two major Canadian oil sands producers, Canadian Natural Resources (ticker: CNQ) and Meg Energy (ticker: MEG) held conference calls late this week, providing a glimpse of

Source: Energybc.ca

Delivering Game Changing Environmental Performance: ‘More Canadian Oil and Gas on the Global Market will Reduce GHG Emissions’ – CNQ Exec. Vice Chairman

“It’s not 2009 anymore”
By Richard Rostad, analyst, Oil & Gas 360

The Canadian oil sands have often been criticized as a particularly environmentally unfriendly source of oil, but Canadian Natural Resources (stock ticker: CNQ) disagrees.

CNQ’s Executive Vice Chairman

Notley Leaves Alberta Oil Industry Hanging on Output-Cut Idea

Notley Leaves Alberta Oil Industry Hanging on Output-Cut Idea

From Bloomberg

  • Premier makes no mention of curtailment in Toronto speech
  • CTV Interview Wednesday had raised expectation that she would

 

Alberta Premier Rachel Notley reiterated her call for Canadians to support new oil pipelines and improve two energy bills …

November 30, 2018 - 12:13 pm Canada, Closing Bell Story‎, Energy News, International
Canadian Natural Resources Eyes Oilsands Growth Projects

Canadian Natural Resources Eyes Oilsands Growth Projects

Could add up to 95 MBOEPD

From the Calgary Herald

When will big growth and bigger spending come back to Canada’s oilpatch?

It hasn’t happened yet, although companies are starting to cast an eye towards potential expansions as cash flow …

August 3, 2018 - 12:30 pm Canada, Closing Bell Story‎, Oil Sands
Canadian Natural Resources Raises $527 Million with Cold Lake Pipeline Sale

Canadian Natural Resources Buys Assets from Cenovus for $975 Million

Canadian Natural Resources Limited (ticker: CNQ) has entered into an agreement to acquire heavy oil assets in the Greater Pelican Lake region and other miscellaneous assets in northern Alberta from Cenovus Energy Inc. (ticker: CVE), for gross cash consideration of …

Canadian Natural Resources Raises $527 Million with Cold Lake Pipeline Sale

Canadian Natural Resources Pays Shell, Marathon $8.24 Billion

 CNQ finalizes acquisition of 70% of Athabasca Oil Sands Project

Canadian Natural Resources Limited (ticker: CNQ) announced today that it has completed the acquisition of 70% of the Athabasca Oil Sands Project.

The remaining 30% of the working interest is …

Shell Divests $7.3 Billion Worth of Oil Sands, Ties Executive Bonuses to Carbon Emissions

Shell Divests $7.3 Billion Worth of Oil Sands, Ties Executive Bonuses to Carbon Emissions

Shell exits upstream oil sands operations, but keeps its refineries

Royal Dutch Shell (ticker: RDSA) announced Thursday the signing of two agreements that will see all of the company’s in-situ and undeveloped oil sands interest in Canada old and reduce …

Canadian Natural Resources Raises $527 Million with Cold Lake Pipeline Sale

Canadian Natural Resources Raises $527 Million with Cold Lake Pipeline Sale

Canadian Natural Resources Limited (ticker: CNQ) said it has reached an agreement to sell all of its interests in the Cold Lake Pipeline to Inter Pipeline Ltd.

The transaction consists of the monetization of the Company’s entire 15% ownership interest …

Oilsands Separation Cell Source: ostseis.anl.gov

Canadian Natural Resources Set to Restart Oil Sands Development

Canadian Natural Resources decides to move forward with the Kirby North project

The entire oil and gas industry has faced a difficult time with low oil prices since late 2014, but perhaps none more than oil sands producers, which were …

Canadian Natural Resources and PrairieSky Form the Largest Royalty Position in Canada

Canadian Natural Resources and PrairieSky Form the Largest Royalty Position in Canada

PrairieSky to purchase Canadian Natural assets for C$1.8 billion

Canadian oil major Canadian Natural Resources (ticker: CNQ) announced today that PrairieSky Royalty (ticker: PSK) will purchase assets from CNR to for the largest fee simple mineral title and royalty positions …

Canadian Natural Resources Announces Q2 and Dividend

Canadian Natural Resources Announces Q2 and Dividend

Canadian Natural Resources Limited Announces 2015 Second Quarter Results

Commenting on second quarter results, Steve Laut, President of Canadian Natural stated, “Canadian Natural is in a strong position. Our strong, diverse and well balanced asset base, and the effectiveness of …

August 6, 2015 - 3:44 pm Canada
Canadian Natural Resources Prices 5 Year Notes

Canadian Natural Resources Prices 5 Year Notes

Canadian Natural Resources Limited Prices C$500 Million in 5 Year Notes

Canadian Natural Resources Limited (CNQ) (CNQ) (“Canadian Natural” or the “Company”) announces that on June 3, 2015 it priced C$500 million principal amount of notes …

June 3, 2015 - 6:44 pm Canada