Canadian Natural Resources Ltd.

Alberta's oil curtailment program has worked to reduce inventories that had resulted in steep discounts in local oil prices, but it has hurt crude-by-rail economics and it's time for it to end, the CEO of Imperial Oil Ltd. said on Friday, August 2, 2019.

Cost-saving synergies from its $3.8-billion purchase of the Canadian heavy oil and oilsands operations of Devon Energy Corp. will likely exceed expectations, Canadian Natural Resources Ltd. said on Thursday, August 1, 2019.

Three of Canada's biggest oilsands producers are going directly to voters today, August 1, 2019, to ask them to "influence the outcome" of big decisions concerning the oil and gas sector as a fall federal election looms.

Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets.

Canada's largest oil producers are calling on the Alberta government to reward companies that commit to adding crude-by-rail capacity by easing their oil curtailment levels.

Ottawa's approval of the Trans Mountain pipeline expansion pleased business leaders on Tuesday, June 18, 2019, but they say they will hold off on popping champagne corks until construction begins on new pipe from Edmonton to the West Coast.

Canadian Natural Resources Ltd. has signed a deal to buy the Canadian operations of Devon Energy Corp. for $3.8 billion.

Canadian Natural Resources Ltd. reported a first-quarter profit of $961 million, up from $583 million in the same quarter last year, as it benefited from higher prices due in part to Alberta's mandatory production curtailments.

A proposed federal bill that aims to change the way Ottawa assesses major energy projects was given a rough ride in Calgary on Tuesday, April 9, 2019.

Global energy giant Royal Dutch Shell is urging Canada's largest oil and gas organization to get off the fence and support both the Paris climate accord and the pricing of carbon to encourage greenhouse gas emission reductions.

Imperial Oil Ltd. has slowed the development of a $2.6-billion oilsands project because of uncertainty due to the Alberta government's oil production curtailment program and other challenges.

An industry-sponsored fund designed to help develop clean technology using Canadian natural gas is launching a $3-million call for project proposals.

Prime Minister Justin Trudeau says Alberta is in a crisis as the province's oil is being sold at a discount of about $45 a barrel, but he and some oil company bosses agree there are no easy fixes Ottawa can offer.

A positive final investment decision for LNG Canada could eventually encourage other projects to follow suit, creating demand needed to soak up Western Canada's glut of natural gas, producers say.

B.C. government tax incentives aimed at jump-starting the much-delayed West Coast LNG industry are being welcomed by Western Canada's hard-hit natural gas industry as a potential path to higher prices and better markets for their products.