Home › Canadian Natural Resources chairman sees oil touching US$30 a barrel
 

Keywords :   


Canadian Natural Resources chairman sees oil touching US$30 a barrel

2014-11-29 23:32:57| Energy - Topix.net

Canada's oil industry faces a year of "tough slugging," including the deferment of many projects, as oil prices collapse to as little as US$30 a barrel then likely stabilize around US$70 to US$75 a barrel, oil entrepreneur Murray Edwards predicted Friday. Because of its high costs, the Canadian sector will be impacted more than many oil-producing jurisdictions around the world by OPEC's decision Thursday to not cut oil production, said Mr. Edwards, the chairman of Canadian Natural Resources Ltd. and one of Canada's single biggest oil investors.

Tags: resources natural oil canadian

Category:Energy and Environment

Latest from this category

All news
04.10Republic Services Orders 100 McNeilus Volterra Electric Refuse Trucks
04.10Divert Inc. Expands Executive Leadership Team with VP of Environment, Health and Safety Hire
04.10Ameresco, Republic Services and PG&E Celebrate the Opening of California's Largest Landfill Gas to Renewable Natural Gas Plant
03.10Lakeshore Recycling Systems (LRS) Releases First Annual Sustainability Report
03.10Better Earth Acquires Betterbin
03.10Elementary School Students Compete to Win in 2 Million Cans Recycling Contest
03.10Capital Waste Acquires Dumpster Depot
03.10EREF Awards 18 Scholarships to Graduate Students Advancing Environmental Research
Energy and Environment »
05.10Eastern North Pacific Tropical Weather Outlook
05.10Atlantic Tropical Weather Outlook
04.10Should you tip even if the service wasn't worth it?
04.10Hurricane Kirk Graphics
04.10Hurricane Kirk Forecast Discussion Number 22
04.10Tropical Storm Leslie Forecast Discussion Number 10
04.10Hurricane Kirk Wind Speed Probabilities Number 22
04.10Hurricane Kirk Public Advisory Number 22
More »