Articles Tagged "resources"

Canadian Natural Resources says Obama no threat to oil sands

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 [...]

Canadian Natural Resources posts Q3 results

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. [...]

Upgrader:Harper’s gambit

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 [...]

Upgrader: September 3

By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market News As most of you know by now, the barrel price for oil has dropped pr ecipitously in the wake of Gustav’s fairly uneventful passage through the Gulf of Mexico. The drop in prices has weighed down the energy-heavy TSX indexes, energy companies and [...]