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Canadian Natural hits production record and unveils new company boss

Canadian Natural hits production record and unveils new company boss
upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.

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Net Zero: Alberta breathes new life into 'turn-off-the-taps' legislation

Net Zero: Alberta breathes new life into 'turn-off-the-taps' legislation
ipolitics.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipolitics.ca Daily Mail and Mail on Sunday newspapers.

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Canadian Natural takes Keystone XL pipeline charge

Biden s Keystone XL cancellation continues to plague oil companies, with Canadian Natural eating $143M charge
The move by U.S. President Joe Biden to cancel the Keystone XL pipeline in January continues to plague Canadian oil companies, with Calgary-based Canadian Natural Resources Ltd. forced to digest a related $143-million charge on its fourth-quarter results on Thursday.
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The Canadian Press ·
Posted: Mar 04, 2021 1:27 PM MT | Last Updated: March 5
This file photo shows Canadian Natural Resources Ltd. s Horizon site, about 70 kilometres north of Fort McMurray, Alta., which includes a surface oilsands mining and bitumen extraction plant, and on-site bitumen upgrading. If not for the blemish on its earnings in the last three months of 2020, analysts said the company would have registered a solid beat on expectations driven by strong oilsands mining production and operating cost cuts.(CNRL) ....

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Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal

As you can tell, we are very excited about this opportunity and the new chapter we re writing in the company s future, said CEO Craig Bryksa on a conference call following the announcement.
We believe this acquisition provides us with an incredible opportunity to enter a premier basin through a transaction that s immediately accretive to the company.
Bryksa took over as CEO in May 2018 from founder Scott Saxberg after he weathered a proxy fight with dissident shareholders.
On the call, Bryksa said the company s success in paying down debt and reducing operating costs since then gives it the financial flexibility to make such a large transaction. ....

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Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal - Medicine Hat NewsMedicine Hat News

Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal - Medicine Hat NewsMedicine Hat News
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