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Oilpatch loaded with 'lame duck' CEOs
Allan Markin decided to resign without notice on Monday afternoon as chairman of Canadian Natural Resources Ltd. after 23 years because he didn't want to be a lame duck, says Jack Davis, former Calgary Health Region chief executive and spokesman for ...
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A quarter of discounts, price collapses
In mid-February Canadian Natural Resources Ltd. shut down its oil sands plant to complete �an unplanned maintenance� and reduced its 2012 annual production target for the plant.
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Carney urges smarter development of natural resources opportunities
Part of the solution to Canada's poor export performance lies with natural resources, but simply pumping oil out the door won't suffice, says the Governor of the Bank of Canada. Mark Carney recently chastised Canadian business for being trade laggards ...
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Investors are the casualties in a booming oil patch
Just in the past 12 months, the Canadian energy index has fallen about 19 per cent. Some of its most important players are faring even worse.
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Alberta oil sands fire loss tallied at $726 million
Canadian Natural Resources (CNR) Limited indicated in a release of fourth-quarter and year-end 2011 financial results that its Horizon coker fire business interruption claim was $333 million.
Alberta election finances laws among the most lax, says Democracy Watch
Many other giant corporations with extensive dealings with government were also some of the largest donors; BFI Canada ($15,000), Bruce Power ($8,500), Canadian Natural Resources Ltd. ($15,000), Capital Power ($11,450), CCS Corporation ($15,000), ...
Increased natural gas use could free up crude for exports
While some analysts consider Canada's natural gas price advantage temporary given the massive plans to export LNG to Asia, Conference Board analysts point to rising shale gas production in North America that �will likely serve as a price buffer against ...
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The fall of a billion-dollar realtor
Lori Shepler/ReutersThe main entrance of a for sale, US$37-million dollar luxury home at One Pelican Hill Road North is seen in Newport Beach, California.
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RBC buys remaining stake in RBC Dexia Investor Services
After months of speculation, Royal Bank of Canada said it has struck a deal to acquire the 50% stake in RBC Dexia that it doesn't already own from Banque Internationale � Luxembourg SA for about $1.1-billion in cash.
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Research in Motion sued by NXP over patents
Research In Motion Ltd can add a willful patent infringement claim to its long list of troubles after a Dutch semiconductor company said on Tuesday it had filed suit against the BlackBerry maker, sending its shares tumbling.
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