Canadian Natural Resources

VAALCO Energy, Inc. Announces Accretive All Cash Acquisition Expanding Its West African Footprint

Retrieved on: 
Thursday, February 29, 2024
Canadian Natural Resources, Acquisition, CPR, International, CNRL, Stifel, Growth, Svenska Petroleum Exploration AB, Transaction, Evercore, ExxonMobil, Vaalco Energy, History, Water, Presentation, OML, LLP, Hand, G&A, Sales, Effective date, FPSO, Oil

Svenska’s primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa.

Key Points: 
  • Svenska’s primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa.
  • The gross consideration for the Acquisition is $66.5 million, subject to customary closing adjustments, with an effective date of October 1, 2023.
  • Closing of the Acquisition is expected in the second quarter of 2024, with ultimate timing dependent on final receipt of all necessary approvals.
  • VAALCO currently estimates that the net cash due at closing will be in the range of approximately $30 to $40 million, dependent on timing.

Canadian Natural Resources Limited Announces 2024 Budget

Retrieved on: 
Thursday, December 14, 2023
National instrument, Tax, AOSP, Atlas, Conversation, Risk, Sale, EDGAR, Acquisition, Mining, Organization, International, Person, Public expenditure, MD, Legislation, Primrose, Ratio, Bank statement, Horizon Oil Sands, Albian Sands, International Financial Reporting Standards, COVID-19, Climate change, Light, ARO, Canadian Natural Resources, Coronavirus, Growth, SCO, Management, Transport, Safety, Risk management, PRT, GAAP, Disclosure, Income tax, Natural gas

Certain statements relating to Canadian Natural Resources Limited (the "Company") in this document or documents incorporated herein by reference constitute forward-looking statements or information (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation.

Key Points: 
  • Certain statements relating to Canadian Natural Resources Limited (the "Company") in this document or documents incorporated herein by reference constitute forward-looking statements or information (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation.
  • In addition, reference is made to crude oil and natural gas in common units called barrel of oil equivalent ("BOE").
  • A BOE is derived by converting six thousand cubic feet ("Mcf") of natural gas to one barrel ("bbl") of crude oil (6 Mcf:1 bbl).
  • The capital budget is based on net capital expenditures (Non-GAAP Financial Measure) and excludes net acquisition costs.

Canadian Natural Resources Limited Announces Quarterly Dividend

Retrieved on: 
Thursday, November 2, 2023
CNQ, Reliance Natural Resources Limited, Canadian Natural Resources, NYSE, Department of Environment and Natural Resources, TSX, Holding company, Oil

Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has approved an 11% increase to its quarterly cash dividend on its common shares to C$1.00 (One dollar) per common share.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has approved an 11% increase to its quarterly cash dividend on its common shares to C$1.00 (One dollar) per common share.
  • The dividend will be payable on January 5, 2024 to shareholders of record at the close of business on December 8, 2023.
  • With this increase announced today, the Company has increased its dividend by 18% in 2023 to $4.00 per share annually.
  • Canadian Natural is a senior crude oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.

WPC Energy Marks the End of a Successful 24th World Petroleum Congress in Calgary

Retrieved on: 
Thursday, September 21, 2023
Carbon, Diamond, World Petroleum Council, Volunteering, Canadian Association of Petroleum Producers, BP, Birmingham Organising Committee for the 2022 Commonwealth Games, Exhibition, CNPC, Canadian Natural Resources, Platinum, 2+2 Ministerial Dialogue, WPC, Lighting, Government, Saudi Aramco, Organization, Congress, Nature, City, Sustainability, Canada House, Investment, Restaurant, MOU, Natural Resources, ExxonMobil, Opening ceremony, WestJet, Digital, Path, Social, Digital signage, Social responsibility, Cenovus Energy, Accenture, Wood-plastic composite, Oil, Tourism, Sinopec, Enbridge

CALGARY, Alberta, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) has come to a close after five days of engaging conversations centered on the theme “Energy Transition: The Path to Net Zero”.

Key Points: 
  • CALGARY, Alberta, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) has come to a close after five days of engaging conversations centered on the theme “Energy Transition: The Path to Net Zero”.
  • “The 24th WPC has been an incredible success,” said Denis Painchaud, President & CEO, OCAN.
  • “WPC Energy’s vision is to facilitate an open dialogue around oil, gas, energy and its products with participation from around the world.
  • To stay connected to WPC Energy and updates regarding the 25th WPC in Riyadh in 2026, please visit www.world-petroleum.org .

Saudi Arabia Signs Official MOU to Host and Organize the 25th World Petroleum Congress

Retrieved on: 
Thursday, September 21, 2023
Diamond, World Petroleum Council, Canada, Canadian Association of Petroleum Producers, BP, Accreditation, CNPC, Canadian Natural Resources, History, Platinum, Government, WPC, Ministry of Energy (Saudi Arabia), Saudi Aramco, HRH, Congress, City, MOU, ExxonMobil, WestJet, Cenovus Energy, Accenture, Oil, Cryptocurrency, Sinopec, Enbridge

CALGARY, Alberta, Sept. 20, 2023 (GLOBE NEWSWIRE) -- WPC Energy, formerly World Petroleum Council, announced this week the official MOU signed by HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy Saudi Arabia and WPC Energy President Pedro Miras.

Key Points: 
  • CALGARY, Alberta, Sept. 20, 2023 (GLOBE NEWSWIRE) -- WPC Energy, formerly World Petroleum Council, announced this week the official MOU signed by HRH Prince Abdulaziz Bin Salman Al Saud, Minister of Energy Saudi Arabia and WPC Energy President Pedro Miras.
  • The MOU signing officially passes organizing privileges of the World Petroleum Congress to Saudi Arabia who will be hosting the 25th edition in Riyadh in 2026.
  • In addition to this signing, the World Petroleum Council officially unveiled its new branding at a name-changing ceremony during the opening ceremonies of the 24th World Petroleum Congress (WPC).
  • Thursday, September 21 is the final day of the 24th World Petroleum Congress.

24th World Petroleum Congress Kicks Off in Calgary

Retrieved on: 
Monday, September 18, 2023
Carbon, Diamond, Opening ceremony, Heart, Canadian Association of Petroleum Producers, BP, London Organising Committee of the Olympic and Paralympic Games, Accreditation, Olympic Games, AB, CNPC, Canadian Natural Resources, Platinum, History, Saudi Arabia, Government, WPC, Saudi Aramco, Congress, Accenture, City, World Petroleum Council, Canada House, Sustainability, Calgary Stampede, Natural Resources, ExxonMobil, WestJet, Digital, Social, Social responsibility, Cenovus Energy, Oil, Sinopec, Enbridge

CALGARY, Alberta, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) officially kicks off today, bringing thought leaders from across the global energy industry to Calgary, AB.

Key Points: 
  • CALGARY, Alberta, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The 24th World Petroleum Congress (WPC) officially kicks off today, bringing thought leaders from across the global energy industry to Calgary, AB.
  • “On behalf of the WPC Organising Committee for Canada, I am thrilled to officially welcome the world to Calgary for the 24th World Petroleum Congress,” said Denis Painchaud, President & CEO, Organising Committee for Canada (“OCAN”).
  • Additionally, a name-changing ceremony took place to officially mark the World Petroleum Council’s transition to its new name, WPC Energy, which was announced earlier this summer.
  • He is only the twelfth recipient of the Dewhurst Award in the nearly 90-year history of the World Petroleum Council.

Calgary Makes Final Preparations to Host the 24th World Petroleum Congress

Retrieved on: 
Tuesday, September 12, 2023
Diamond, Canadian Association of Petroleum Producers, Languages of Ethiopia, BP, Nate, Birmingham Organising Committee for the 2022 Commonwealth Games, Accreditation, Policy, CNPC, Canadian Natural Resources, Platinum, Saudi Arabia, Government, WPC, Alberta Advanced Education, Saudi Aramco, Employment, Mineral, Protected area, Congress, Nature, City, Natural gas, ExxonMobil, WestJet, Knowledge, Environment, Accenture, Oil, Creative industries, Tourism, Enbridge

CALGARY, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The energy in Calgary is palpable as the 24th World Petroleum Congress (WPC) is set to commence on September 17, 2023.

Key Points: 
  • CALGARY, Alberta, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The energy in Calgary is palpable as the 24th World Petroleum Congress (WPC) is set to commence on September 17, 2023.
  • The Organising Committee for Canada (“OCAN”) is putting the finishing touches on the Congress as global interest in this significant energy event continues to build.
  • “We are looking forward to extending a warm Calgary welcome to participants from around the world,” says Denis Painchaud, President & CEO, OCAN.
  • With limited spots remaining, do not miss your chance to be a part of the 24th World Petroleum Congress, taking place September 17 – 21, 2023.

Canadian Natural Resources Limited Announces Quarterly Dividend

Retrieved on: 
Thursday, August 3, 2023
Canadian Natural Resources, TSX, CNQ, NYSE, Department of Environment and Natural Resources, Reliance Natural Resources Limited, Oil

Calgary, Alberta--(Newsfile Corp. - August 3, 2023) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.90 (ninety cents) per common share.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - August 3, 2023) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.90 (ninety cents) per common share.
  • The dividend will be payable on October 5, 2023 to shareholders of record at the close of business on September 15, 2023.
  • Canadian Natural's growing and sustainable dividend demonstrates the confidence that the Board of Directors has in the sustainability of our business model, the strength of our balance sheet and the Company's long life low decline asset base.
  • Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore Africa.

WALMART TOPS THE FORTUNE GLOBAL 500 LIST FOR 10th CONSECUTIVE YEAR

Retrieved on: 
Wednesday, August 2, 2023
Shell, CATL, Canadian Natural Resources, ExxonMobil, Lufthansa, Daimler Truck, Fortune Global 500, HD Hyundai, CVS, Warner Bros. Discovery, Uber, FORTUNE, Microsoft, Goliath, COVID, Amazon, Air Liquide, UnitedHealth Group, Walmart, Hyundai, Saudi Aramco, Natural Resources, Salesforce, Big Tech, Ecopetrol, Geography, Film industry, Alphabet, Apple, Ali Baba

The strength of the global energy sector was dramatically clear as Saudi Aramco nearly knocked the retail Goliath from its perch.

Key Points: 
  • The strength of the global energy sector was dramatically clear as Saudi Aramco nearly knocked the retail Goliath from its perch.
  • In profits, Saudi Aramco earned $159 billion, the highest annual total ever for a Fortune Global 500 company.
  • There were 39 newcomers to this year's Fortune Global 500, including 23 companies making their debut, such as Warner Bros.
  • THE 2023 FORTUNE GLOBAL 500 TOP 10 LIST:

WALMART TOPS THE FORTUNE GLOBAL 500 LIST FOR 10th CONSECUTIVE YEAR

Retrieved on: 
Wednesday, August 2, 2023
Shell, CATL, Canadian Natural Resources, ExxonMobil, Lufthansa, Daimler Truck, Fortune Global 500, HD Hyundai, CVS, Warner Bros. Discovery, Uber, FORTUNE, Microsoft, Goliath, COVID, Amazon, Air Liquide, UnitedHealth Group, Walmart, Hyundai, Saudi Aramco, Natural Resources, Salesforce, Big Tech, Ecopetrol, Geography, Film industry, Alphabet, Apple, Ali Baba

The strength of the global energy sector was dramatically clear as Saudi Aramco nearly knocked the retail Goliath from its perch.

Key Points: 
  • The strength of the global energy sector was dramatically clear as Saudi Aramco nearly knocked the retail Goliath from its perch.
  • In profits, Saudi Aramco earned $159 billion, the highest annual total ever for a Fortune Global 500 company.
  • There were 39 newcomers to this year's Fortune Global 500, including 23 companies making their debut, such as Warner Bros.
  • THE 2023 FORTUNE GLOBAL 500 TOP 10 LIST: