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Reading: Canadian Natural Resources takes control of oil sands asset in swap with Shell (NYSE:CNQ)

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Canadian Natural Resources takes control of oil sands asset in swap with Shell (NYSE:CNQ)

Last updated: January 30, 2025 3:19 am

By MT HANNACH

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Pump silhouette on large plains in Alberta — Imaginegolf / E + via Getty Images

Canadian natural resources (NYSE:Cnq) said on Wednesday that he had accepted a asset exchange With Shell Canada (Shel) In accordance with a 2017 agreement linked to the Athabasca Oil Sands project; No species has been exchanged in the transaction.

Canadian Natural (Cnq) Say