Canadian Natural Pauses Oil Sands Expansion Due to Policy Uncertainty
ByAinvest
Friday, Mar 6, 2026 9:24 am ET1min read
CNQ--
Canadian Natural Resources has paused an $8.25 billion oil sands expansion in Alberta due to government policy uncertainty. This is a relatively modest reduction in the company's near-term organic spending plans. The move comes after other energy companies have also scaled back spending in response to government policies.
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