Canadian Natural Resources buying Chevron’s Alberta assets for US$6.5B

Canadian Natural Resources Ltd. has signed a deal to buy Chevron Canada Ltd.’s interests in the Athabasca Oil Sands Project and Duvernay shale for US$6.5 billion. The all-cash deal will see Calgary-headquartered CNRL — one of the largest independent oil and gas...

Cement maker Lafarge opens low-carbon fuel facility at Alberta plant

Cement producer Lafarge Canada Inc. says it has installed a new facility at its Exshaw, Alta., plant that will use construction waste to reduce the plant’s reliance on fossil fuels. The company, which held a ribbon-cutting for the $38-million facility Thursday,...

Enbridge to build new oil and natural gas pipelines in Gulf of Mexico

  By Amanda Stephenson Enbridge Inc. continues to invest in the U.S. Gulf of Mexico, announcing Thursday that it will spend about US$700 million to build new crude oil and natural gas pipelines in the gulf for the recently sanctioned Kaskida development, operated...