Friday, 9 May 2025

Focus on Canadian Natural Resources Limited

FILE PHOTO: The last section of pipeline is assembled on the Trans Mountain pipeline expansion project before operations are expected to begin in the second quarter of 2024, near Laidlaw, British Columbia, Canada, February 18, 2024. REUTERS/Chris Helgren/File Photo
BusinessNewsOilTransmission

Canadian Natural Resources to take over more space on the Trans Mountain pipeline: Bloomberg News

The recently expanded Trans Mountain pipeline has capacity to ship 890,000 bpd of crude from Alberta's oil sands to the Port of Vancouver.

O'Reilly Oilfield Services Ltd. has been fined $90,000 after pleading guilty to one count of failing to protect the health and safety of workers under its supervision. Pumpjacks are shown near Hardisty, Alta., on June 20, 2007. THE CANADIAN PRESS/Larry MacDougal
BusinessCourtsLabourNatural GasNewsOilRegulations

Alberta company fined after worker severely burned in 2021 oil and gas site fire

O'Reilly Oilfield has been fined $90,000 after pleading guilty to one count of failing to protect workers under its supervision.

dian Natural Resources Ltd. logo is shown in a handout. Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

Canadian Natural Resources buys Chevron’s Alberta assets for US$6.5B

Canadian Natural Resources to acquire Chevron's oil sands and shale assets, boosting its stake and cash flow in Alberta.

News Release

Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Canada Limited, an indirect subsidiary of Chevron Corporation (“Chevron”), announced today that it and a related entity have entered...

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
NewsOil

Expanded Trans Mountain pipeline capacity fails to lift Canadian heavy oil price

Rather than shrinking the discount on Canadian oil versus US crude with TMX, oil prices have a wider difference than before.

Pipelines at Canadian Natural Resources Limited's (CNRL) Primrose Lake oil sands project are seen near Cold Lake, Alberta August 8, 2013.   REUTERS/Dan Riedlhuber/File Photo
BusinessFinanceFuelNewsOilPoliticsTrade

Canadian Natural Resources tops Q2 profit on higher oil prices, production boost

Canadian Natural Resources beat Q2 profit estimates on Thursday, as the energy producer benefited from higher crude prices

News Release

Trans Mountain Corporation Announces Appointment of new Trans Mountain Board Chair

CALGARY, Alberta, July 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Trans Mountain Corporation today announced William (Bill) Downe’s retirement as...

BiodiversityEnvironmentLegislationNewsRegulations

Alberta Energy Regulator fines CNRL for violating environmental law

The Alberta Energy Regulator fined Canadian Natural Resources Limited C$278,000 after a bitumen spill harmed birds and wildlife.

News Release

Shell Proposes Large-Scale CCS Facility in Alberta

Jul. 13, 2021 Calgary − Today, Shell announced a proposal to build a large-scale carbon capture and storage (CCS) project at its Scotford Complex...

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