Canadian oil sands producers to form alliance to achieve net-zero emissions by 2050 [Globe and Mail, The (Toronto, Canada)]
Canadian Natural Resources Limited (CNQ)
Last canadian natural resources limited earnings: 3/5 05:00 am
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Source: Globe and Mail, The
2050, as the cash-rich firms come under pressure to meet the country's goal on energy transition. Oil sands producers, which extract some of the world's most carbon-intense crude, face investor pressure to reduce their environmental impact. Prime Minister Justin Trudeau plans to raise Canada's carbon price steeply over time to position the country for carbon-neutral status by 2050. The alliance, which includes Canadian Natural Resources , Cenovus Energy increase , Imperial Oil , MEG Energy decrease and Suncor Energy decrease , will work with federal and Alberta governments to help Canada meet its climate goals, the companies said. The country's oil sands producers are generating billions more in free cash flow in a faster-than-expected pandemic rebound, but have taken a cautious approach to spending it that is disappointing environment-minded investors. The companies said they would look to link oil sands facilities in the Fort McMurray and Cold Lake regions to a carbon seques
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News
- Uncover 3 Canadian Dividend Stocks Yielding Up To 4% [Yahoo! Finance]Yahoo! Finance
- Canada's oil sands industry prepares for annual maintenance season [Reuters]Reuters
- TSX futures fall as commodities dip; investors eye key inflation data [Reuters]Reuters
- CANADA STOCKS-TSX futures fall as commodities dip; investors eye key inflation data [Yahoo! Finance]Yahoo! Finance
- Canadian Natural Resources: Expect Huge Shareholder Returns [Seeking Alpha]Seeking Alpha
CNQ
Sec Filings
- 3/20/24 - Form 40-F
- 3/20/24 - Form 6-K
- 3/8/24 - Form 6-K
- CNQ's page on the SEC website