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....

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