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CNRL delays $8.25B Jackpine oilsands expansion amid carbon rule uncertainty
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CNRL delays $8.25B Jackpine oilsands expansion amid carbon rule uncertainty
CALGARY — Canadian Natural Resources Ltd. is delaying plans to advance a major oilsands expansion north of Fort McMurray as it waits for governments to finalize rules on carbon pricing and methane emissions. The Calgary-based company had planned to spend about $150 million this year on early engineering and design work for the proposed $8.25-billion expansion of its Jackpine mine. The spending has now been removed from its 2026 capital plans, cu…
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