11:22:01 EDT Tue 21 Apr 2026
Enter Symbol
or Name
USA
CA



Canadian Natural Resources Ltd
Symbol CNQ
Shares Issued 2,085,910,444
Close 2026-04-20 C$ 59.03
Market Cap C$ 123,131,293,509
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Globe says Cenovus, others southern route gains ground

2026-04-21 07:38 ET - In the News

See In the News (C-CVE) Cenovus Energy Inc

The Globe and Mail reports in its Tuesday edition that Ottawa is mulling a new oil pipeline route in Southern British Columbia, which some believe could face fewer environmental challenges and less opposition from indigenous groups than the proposed northern route. The Globe's Robert Fife and Emma Graney write that a new pipeline could carry an additional one million barrels a day destined for Asian markets and help fulfill Prime Minister Mark Carney's promise to turn Canada into an energy superpower. A memorandum of understanding signed by the PM and Alberta Premier Danielle Smith in November does not specify the pipeline's path. Ms. Smith has discussed a northern route to carry Alberta oil to the Port of Prince Rupert, B.C., which her government plans to propose to Ottawa this summer. An Alberta source indicates they expect the federal government to designate the pipeline as a project of national importance in the fall. Sources say Ottawa leans instead toward a route that would run through the Alberta's south to the Port of Vancouver. That pipeline could either run alongside the Trans Mountain pipeline or follow another path. In either case, it would require a new terminal for loading oil onto tankers.

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