Independent defers natural gas spending
Canadian Natural Resources finds better returns from heavy oil, aided by drop in imports to Gulf Coast from Mexico, Venezuela
By Gary Park
For Petroleum News
Canadian Natural Resources is marching to a drum beat that has the sound of heavy oil.
For the second time this year, Canada’s second largest gas producer is shifting from what was once the core of its business to more financially appealing heavy oil opportunities.
Unwilling to chase volume growth....
[additional news subjects in this story]
Price differential down
Horizon project close to budget
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