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Canadian Natural Resources Ltd CNQ


Primary Symbol: T.CNQ

Canadian Natural Resources Limited is a senior crude oil and natural gas production company. Its exploration and production segment are focused on North America, in Western Canada, the United Kingdom portion of the North Sea, and Cote d'Ivoire in Offshore Africa. Its Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project (AOSP). Within Western Canada in the Midstream and Refining segment, it maintains certain activities: pipeline operations, an electricity co-generation system, and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta. It owns a 70% interest in light crude oil and liquids rich Duvernay assets. It owns 90% of AOSP: the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility.


TSX:CNQ - Post by User

Comment by Dibah420on Jan 10, 2025 11:26am
169 Views
Post# 36398075

RE:A Very Happy Man

RE:A Very Happy ManMuch of EN's decade-long rant against JT is familiar.  But, conveniently, he also neglected to acknowledge Trudeau's most significant contribution to the industry.
1)  Trudeau swallowed his pride and authorized, ignoring his "green" base, the construction of TMX.
2)  When KKK quit on the project, he went ahead and spent the public's money to purchase it.
3)  Despite the enormous spikes in the projected costs, he continued support till completion.

No surprise to hear the collective hossanas to the TMX.

The Liberals' energy "transition"  policy, especially the sloppy way it has been communicated, has been an unmitigated political disaster for the party.  Candidly, I know of no other government which has managed this portfolio well.

Debate on "climate change"  will rage on especially now that a "denier" is about to take office in Washington.  And PP, in so far as he has shared his ideas on the subject, is little different.  Disasters all over the globe, whether in Jasper or in Pacific Palisades, can be sneeringly dismissed as routine weather events.....  until they impact personally.  Who knows, if Mar a Lago gets swamped by a tidal wave, Mr Trump might change his mind.  We are reminded of those vaccine deniers who rued their 
obduracy on the gurney in ICU.
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