Canadian Natural Resources Ltd. pledged to reduce greenhouse gas emissions by 40% from 2020 levels by 2035. Read more.
None of the Pathways companies, including Canadian Natural, have made a final decision to invest in a $16.5-billion carbon capture and storage hub and pipeline proposed for northern Alberta — a project that is viewed as key to meeting the sector’s climate ambitions.Article content
CNRL’s new climate target was met with skepticism from analysts and industry watchers who were incredulous about the sector’s previous emissions targets, though some expressed hope that government incentives and regulatory policies anticipated in the 2023 federal budget could make emissions targets more achievable.
Scott MacDougall, with clean energy think-tank the Pembina Institute, praised the company’s progress on reducing methane emissions but said the sector is deploying its record profits on payouts to shareholders rather than on major decarbonization projects.
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Canadian Natural Resources forecasts higher oil and gas production in 2023Canadian Natural Resources is forecasting increased oil and gas production in 2023 as it looks to capitalize on higher prices. Read on
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Canadian Natural Resources forecasts higher oil and gas production in 2023Canadian Natural Resources is forecasting increased oil and gas production in 2023 as it looks to capitalize on higher prices. Read on
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Canadian Natural Resources plans $5.2 billion in capital spending in 2023CALGARY — Canadian Natural Resources Ltd. says it expects to spend $5.2 billion on its capital budget next year as it looks to grow production. The company says the plan includes about $4.2 billion in base capital spending and $1.0 billion in strategic growth capital. In its guidance, the company says it expects production between 1,330,000 and 1,374,000 barrels of oil equivalent per day in 2023. The target implies an increase of four per cent over targeted 2022 levels, based on the midpoint of
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Canadian Mental Health Association highlights resources for seasonal affective disorder
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Canadian beef feeds many in the world while protecting the Canadian environment | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
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CNRL sets new emissions target alongside pledge to boost shareholder returnsCanadian Natural Resources Ltd. pledged to reduce greenhouse gas emissions by 40% from 2020 levels by 2035. Read more.
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