Your Portal for Key Energy Information and Research

North West Redwater Partnership

Company Summary

Recent news

Company Transactions

Date: 7/7/2021
Type: Acquisition

NOTES:
The Alberta Government is acquiring a 50% equity stake in the Sturgeon Refinery while also extending the processing agreement at the facility by another decade to 2058. The refinery is currently owned by North West Redwater Partnership, a JV between Canadian Natural Resources and North West Refining. North West Redwater will be paying North West Refining $425 million and Canadian Natural $400 million for the equity stake.
REGIONS:
  • Canada