Canadian Natural sets 2011 budget of up to $6 billion

Canadian Natural Resources Ltd. is declaring an end to the era of megaprojects, opting instead to tackle the next phase of its Horizon oilsands mine in 46 miniprojects that can easily be adjusted to suit the economic environment.
“We’re doing it the way we are, with smaller projects, so we can stop and start and stand aside if we see a rapid inflation in costs, and drops in productivity,”president and chief operating officer Steve Laut said in an interview, after the company announced it had set a capital budget of up to $6 billion for 2011.
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Source: The Star