Canadian Natural Resources Ltd. does not expect Barack Obama to implement policies that would crush Alberta’s oil sands industry. Réal Cusson, senior vice-president of marketing, Canadian Natural Resources, said: There’s always a difference between what’s been said in a campaign versus the realities of governing. We believe the Canadian barrels are friendly barrels right next door [...]
Here are the earnings from Canadian Natural Resources, company’s progress on completion of its Horizon Project & the budget for next year. Allan P markin, chairman of the company, said: Canadian Natural’s third quarter results and our 2009 budget reflect our continued drive towards developing our low risk, exploitation and exploration based assets, while creating value for our shareholders. [...]
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news The short to medium term outlook for oil sands and heavy oil projects remains negative. As the barrel price for light sweet crude remains (relatively) low, new investments in oil sands projects are unlikely to be forthcoming. The combination of low prices and [...]
Canadian Natural Resources “slippage” in its Horizon startup plans and raised the project cost by another eight per cent. For full news, click here
Shares of Canadian Natural Resources surged more than 5 percent on Thursday as record operating profits offset concerns over new cost overruns. For full news, click here
The cost of Canadian Natural Resources Ltd’s Horizon oil sands project jumped another 6 percent to nearly C$9.3 billion ($8.8 billion). For full story, click here
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