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canadian-natural-defers-oilsands-mine-expansion,-citing-regulatory-uncertainty
Canadian Natural Defers Oilsands Mine Expansion, Citing Regulatory Uncertainty

Canadian Natural Defers Oilsands Mine Expansion, Citing Regulatory Uncertainty

Last updated: March 5, 2026 11:48 pm
By The Canadian Press
1 Min Read
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Canadian Natural Defers Oilsands Mine Expansion, Citing Regulatory Uncertainty

Canadian Natural Resources logo is shown at the company’s annual meeting in Calgary on May 4, 2017. The Canadian Press/Jeff McIntosh

The Canadian Press

The Canadian Press

3/5/2026|Updated: 3/5/2026

0:00

Canadian Natural Resources Ltd. is deferring an oilsands mine expansion as it waits for Ottawa to finalize environmental policies.

The Calgary-based oil and gas giant had been planning to spend about $150 million this year on early engineering and design work for its $8.25-billion Jackpine mine expansion north of Fort McMurray, Alta., president Scott Stauth said Thursday.

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