Oil-Sands Output Seen Rising More Than Expected on Strong Prices [Financial Post (Toronto, Ontario, Canada)]
Canadian Natural Resources Limited (CNQ)
Last canadian natural resources limited earnings: 3/5 05:00 am
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Source: Financial Post
companies to expand existing projects, according to S&P Global Commodity Insights. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Canadian oil-sands output will increase by about half a million barrels a day by 2030, more than previously forecast, as stronger prices encourage companies to expand existing projects, according to S&P Global Commodity Insights. Output will rise to 3.8 million barrels a day by 2030, about 3% higher than projected last year, S&P said Thursday. Companies including Exxon Mobil Corp.'s Imperial Oil Ltd. unit and Canadian Natural Resources Ltd. are expanding existing oil-sands well sites, taking advantage of the start of new pipeline capacity to the Pacific Coast. Article content Article content “The extended period of comparatively higher oil prices has strengthened producer balance sheets and has begun to open the door to some more ambitious projects, still primari
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CNQ
Sec Filings
- 5/6/24 - Form 6-K
- 5/3/24 - Form 6-K
- 5/2/24 - Form 6-K
- CNQ's page on the SEC website