By Robb M. Stewart Canadian Natural Resources shares advanced Thursday after the energy company boosted its dividend after achieving record quarterly production volumes. In morning.
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It s the latest blow to the oil-rich province of Alberta.
(Bloomberg) In the U.S., Covid-19 infections are shrinking by the day. In France, officials are preparing to ease lockdown restrictions and jump-start air travel. In the U.K., workers are returning to offices in numbers not seen since the start of the pandemic as the vaccination rollout continues and cases fall.
Not so in the oil sands of western Canada, where thousands of roughnecks have descended upon barracks in work camps and have turned the area, which accounts for more than half of America’s oil imports, into a hot spot for a resurgence of the pandemic.
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