Suncor/Total’s joint-misadventure?Partnership kills upgrader project and faces challenges with two oil sands mines because of saturated North American oil market Gary Park For Petroleum News
When oil sands giant Suncor Energy and France’s Total formed their joint venture in late 2010 there was renewed hope of capital spending totalling about C$27 billion to proceed with the 200,000 barrels per day Voyageur upgrader, the 100,000 bpd Joslyn oil sands mine and the 160,000 bpd Fort Hills mi....
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Markets getting saturated
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