News & Events:CNQ

Canada's main stock index rose on Friday, as energy stocks gained on higher crude prices and upbeat economic data bolstered optimism over an economic rebound. * The energy sector climbed 0.8% as U.S. crude prices were up 0.2% a barrel, while Brent crude was unchanged.

-Canadian oil sands producers said on Wednesday they would form an alliance to achieve net-zero greenhouse gas emissions from their operations by 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.

Canadian Natural Resources Ltd (CNQ): * CANADIAN NATURAL RESOURCES (CNQ), CENOVUS ENERGY (CVE), IMPERIAL, MEG ENERGY AND SUNCOR ENERGY FORMALLY ANNOUNCED TODAY OIL SANDS PATHWAYS TO NET ZERO INITIATIVE Source text for Eikon: Further company coverage:

Canadian oil sands producers said on Wednesday they would form an alliance to achieve net-zero greenhouse gas emissions from oil sands operations by 2050. The alliance includes Canadian Natural Resources (CNQ), Cenovus Energy (CVE), Imperial Oil (IMO), MEG Energy (MEGEF) and Suncor Energy.

Canada's biggest pension managers boosted their investments in the country's major oil sands companies in the first quarter of 2021, raising questions about the funds' recent commitments to greening their portfolios.

The Canadian province of Alberta said on Thursday it will allow oil sands mining companies to change how they calculate environmental liabilities this year, to take into account the wild swings of 2020, when oil prices turned negative.

Canadian Natural Resources Ltd (CNQ) executives, speaking on a conference call: * CANADIAN NATURAL RESOURCES PRESIDENT SAYS CAN'T SEE DOING ANY MAJOR CAPITAL EXPANSION. * CANADIAN NATURAL RESOURCES PRESIDENT EXPECTS CONSOLIDATION BY SMALLER COMPANIES, DOESN'T SEE GAPS IN ITS PORTFOLIO.

Canadian Natural Resources Ltd (CNQ) reported a better-than-expected quarterly profit on Thursday, buoyed by higher oil prices as COVID-19 vaccine rollouts lifted demand. Crude prices have staged a steady recovery this year from pandemic-driven lows in 2020, and Canadian producers also benefited from the provincial government of Alberta lifting mandatory output cuts late last year.

Canadian Natural Resources Ltd (CNQ): * CANADIAN NATURAL RESOURCES (CNQ) - ACHIEVED RECORD QUARTERLY PRODUCTION OF ABOUT 1,246 MBOE/D, QUARTERLY LIQUIDS PRODUCTION OF OVER 979,000 BBL/D. * CANADIAN NATURAL RESOURCES (CNQ) - QTRLY EARNINGS PER SHARE $1.16. * QTRLY ADJUSTED NET EARNINGS FROM OPERATIONS PER SHARE $1.03. * CANADIAN NATURAL RESOURCES (CNQ) - QTRLY ADJUSTED FUNDS FLOW PER SHARE $2.28. * CANADIAN NATURAL RES...

Canadian Natural Resources Ltd (CNQ) reported a rise in first-quarter profit from the fourth on Thursday, driven by higher oil prices as a nascent global economic recovery boosted demand. On an adjusted basis, the company posted a profit of C$1.22 billion, or C$1.03 per share, in the quarter ended March 31, compared with C$176 million, or 15 Canadian cents, from the prior three-month period.

Titanium Corporation Inc (TITUF): * TITANIUM CORPORATION ANNOUNCES SIGNING OF PROJECT COORDINATION AGREEMENT FOR 2021 ENGINEERING PHASE OF CVW HORIZON PROJECT. * Titanium Corporation Inc (TITUF) - CO AND CANADIAN NATURAL RESOURCES LIMITED HAVE SIGNED A 2021 PROJECT COORDINATION AGREEMENT Source text for Eikon: Further company coverage:

New York's state pension fund is restricting investment in six Canadian oil sands companies because they have not shown they are prepared for a transition to a low-carbon future, the fund's Comptroller Thomas DiNapoli said on Monday.

Canada's oil sands are entering their busiest season for annual maintenance, bringing thousands of extra workers onto sites, but union officials say many members are reluctant to travel as a third wave of COVID-19 surges across the country. "It's absolutely crazy in the oil sands right now trying to get workers," said Ian Robb, Canadian director for Unite Here!

Canadian Natural Resources Ltd (CNQ) and Cenovus Energy Inc (CVE), two of Canada's biggest oil producers, said on Tuesday they would set new goals to reduce greenhouse gas emissions but not pivot away from their core businesses. Oil sands producers, which extract some of the world's most carbon-intense crude, face investor pressure to reduce their environmental impact.

Canadian Natural Resources (CNQ), Canada's biggest oil producer, said on Tuesday it will set a new goal in the second quarter for reducing greenhouse gas emissions. The goal will be on a corporate basis, not just based on the oil sands, President Tim McKay said at the Scotiabank CAPP Energy Symposium.

- Canada's biggest oil sands producers are generating billions more in free cash flow in a faster-than-expected pandemic rebound, but taking a cautious approach to spending it that is disappointing environment-minded investors.

Canada's biggest oil sands producers are generating billions more in free cash flow in a faster-than-expected pandemic rebound, but taking a cautious approach to spending it that is disappointing environment-minded investors.

Canada's main stock index fell on Tuesday, weighed by energy and material stocks, as data showed that foreign investment in Canadian securities was the lowest in six months in January. * Foreign investors bought a net C$1.27 billion in Canadian securities in January, led by provincial government bonds, Statistics Canada said.