CNRL to boost oil, gas output by 12 per cent in 2025
- Canadian Natural Resources Ltd. Plans to increase its oil and gas production by 12 percent in 2025.
- The company targets average production of 1.51 to 1.55 million barrels of oil equivalent per day in 2025, a growth of about 170,000 barrels per day compared to 2024.
- CNRL's $6.5-billion acquisition of Chevron Canada Ltd.'s interests in the Athabasca Oil Sands Project and Duvernay shale contributes to this growth.
- CNRL's operating capital budget for 2025 is approximately $6 billion, up from $5.42 billion in 2024.
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Coverage Details
Total News Sources0
Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 17%
R 33%
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