Canadian Natural, Tourmaline inject more capital in booming natural gas as oil outlook dims

CALGARY – Canada’s two largest natural gas producers plan for more drilling as the commodity’s outlook diverges from crude oil. Canadian Natural Resources Ltd. president Tim McKay said Thursday the prospects for natural gas are stronger in the short term than for oil, as the COVID-19 pandemic continues to destroy oil demand, while the potential for liquefied natural gas exports and conversions of coal-fired power plants...