Oil sands: Slowdown, or showdown?

Majors Suncor, Cenovus put projects under microscope; look to improve profitability in challenging climate, no plans cancelled yet

By Gary Park

For Petroleum News

Big-league players in the Alberta oil sands are finally swallowing some unpleasant medicine. For the past year, industry observers have been calling for a show of pragmatism amid labor shortages, plugged-up pipelines, doubts that efforts to open up export markets in Asia will succeed and the double....