10:09:40 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Canadian Natural Resources Ltd
Symbol CNQ
Shares Issued 1,218,139,723
Close 2018-01-19 C$ 45.18
Market Cap C$ 55,035,552,685
Recent Sedar Documents

FP/wire say Suncor, Cdn Nat in battle with greens

2018-01-22 08:56 ET - In the News

See In the News (C-SU) Suncor Energy Inc

The Financial Post reports in its Saturday, Jan. 20, edition that in Alberta lie some of the largest waste dumps of the global energy business. A Bloomberg dispatch to the Post reports that waste pools, known as tailings ponds, represent perhaps the most serious environmental challenge facing the oil sands industry. Now, the battles over how quickly to clean them up are escalating anew. To howls from environmentalists, the provincial energy regulator granted approval for plans that could push a full clean-up decades into the future to industry giants Suncor Energy and Canadian Natural Resources. Critics say the industry could end up sticking taxpayers with the estimated $27-billion bill. At issue is how, and by extension when, the ponds must be returned to a natural state. The industry is seeking more time to find cheaper ways to do the job. Environmentalists argue the problem has festered for half a century. Pembina Institute's Jodi McNeill says, "Rather than waiting for that silver bullet and continuing to test things out in the lab, we think that the technologies that exist today should be implemented in full force." Oil sands companies dispute the notion they are dragging their feet.

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