Canadian Natural Resources Mining News

Canada invests $72 million in clean technology for two Alberta companies

The funds will go to oil sands producer Canadian Natural Resources and Titanium Corp.'s Creating Value from Waste (CVW) technology.

Canadian Natural Resources fined $10,000 following 2007 accident that killed two

Two workers were killed and five were injured when cables holding up a roof support structure snapped at an Alberta oil sands project in 2007.

Canadian Natural sells pipeline stake for half a billion 

One of the largest Canadian oil and gas companies has sold its stake in a major pipeline system linking it and other major oil producers in northern Alberta.

Oil companies offer assistance to residents affected by Fort McMurray fires

Oil companies are reducing production to allow families to evacuate.

Investment in Canada’s oil sands to fall more than 30% this year

Meanwhile, the country’s overall oil production is expected to reach 5.3 million barrels a day by 2030, which is 1.1 million barrels per day lower than last year's expectations.

Wildfire spreads closer to Canada’s oil sands: hundreds evacuated

As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control.

Oil sands stakeholder gives Imperial Metals a $25 million helping hand

The loan will be used for the development of the company's Red Chris gold and copper mine in northwest British Columbia.

Canada to cut 30% of emissions by 2030, including oil sands

While the ambitious target doesn’t include specifics for the oil sands, they are included in the plan, says the government.

Canadian Natural Resources posts first quarterly loss in five years

The recent drop in oil prices keeps taking a toll on the company's bottom line.

Canada's oil sands cash flows set to drop by $21 billion

Current operational costs for producers have reached $37 to $40 per barrel. Benchmark U.S. crude, meanwhile, is trading at around $50 a barrel.

Canadian oil sands producers hike output despite dim crude price

Oil companies in Canada, the world’s fifth-largest crude producer, are not showing any signs of cutting down output, despite fuel prices more than halving in the past six months.

Canadian Natural Resources slashes spending, defers oil sands project

The firm is deferring the first phase of the 40,000-barrel-per-day project Kirby oil sands project in northern Alberta, originally targeted for the fourth quarter of 2016.

Oil sands technology questioned after series of leaks polluting aquifers

Method under scrutiny is the so-called cyclic steam stimulation, which is the same it was being used at CNRL's Primrose site during a major spill last year.

Mining tycoon, Calgary Flames co-owner, also Imperial Metals’ largest shareholder

N. Murray Edwards has a 36% stake in Imperial Metals, owner of Mount Polley mine.

Primrose oil sands summertime leak not yet over

Environmental regulator and company don't agree on what's causing the leaks.

Second environmental protection order for Primrose oil sands

Related to four bitumen releases from the summer.

Environmental protection order for leaking Primrose oil sands project

Canadian Natural Resources must drain one of the leak sites.

Canada's heavy oil producers are positioned for big payoffs: Alistair Toward

Improved heavy oil pricing means these producers are enjoying significantly bigger netbacks.

Barrick cuts: Gold miner selling energy asset

Selling Barrick Energy for C$455 million.