Massive Alberta forest fires have forced Canadian Natural Resources Limited to evacuate staff and shut in production at the company’s Pelican Lake and Woodenhouse operations. The company says it has completed a safe and temporary [Read more]
Canadian Natural Resources Limited, or CNRL, announced on Friday that it will purchase the Joslyn oil sands project for a total price of $225 million. Joslyn oil sands project owned by Total SA, partners Canadian [Read more]
Current extraction process at CNRL Horizon oil sands mine. Photo: CNRL CNRL plans to share IPEP technology with other oil sands miners through COSIA Alberta is a hotbed of oil and gas innovation, a story [Read more]
Canadian Natural Resources Limited, or CNRL, announced on Thursday that its Athabasca Oil Sands project has hit a production milestone of 1 billion barrels. Shell photo. Athabasca Oil Sands project owned by CNRL, Chevron, Shell [Read more]
Alberta oil sands costs are $30-40/b, compared to $50 break even for most US shale producers The prevailing wisdom in Alberta is that Western Canada is one of the highest cost oil and gas basins [Read more]
Conoco’s sale of oil sands, natural gas assets to Cenovus motivated by business concerns, not policy A few weeks ago I wrote a column about how the purchase of $32 billion in oil sands assets [Read more]
Buying oil sands assets for $32 billion total makes CNRL, Cenovus world class energy companies Cenovus buys ConocoPhillips oil sands assets for $17.7 billion Wednesday. Last week CNRL buys Shell and Marathon assets for $14.4 [Read more]
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