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Canadian Natural Resources workers end Ivory Coast strike

  • Workers at Canadian Natural Resources' (CNQ +0.1%) Baobab and Espoir oil and gas fields in Ivory Coast ended their strike over employment conditions launched last week.
  • The SISPOO union had been demanding that CNQ integrate contract employees hired via third-party companies into its workforce, but it is not clear what concessions were made.
  • CNQ's Ivory Coast operations produce ~70M cf/day of natural gas, which is critical for supplying the country's gas-fired power plants.

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