Finding the ‘sun’ in Suncor
Oil sands producer settles royalty test-case with Alberta government ‘happy’ that deal benefits both sides; planning for C$20.6B expansion
For Petroleum News
Suncor Energy, the pioneer developer of Alberta oil sands, may be having trouble suppressing a smile these days.
It has reached an agreement with the Alberta government on changes to a royalty pact that was not due to expire until 2015, producing a result some analysts think is a whole lot better th....
[additional news subjects in this story]
Old agreement signed in 1997
Analyst: result ‘net positive’
Voyageur will boost production to 550,000 bpd
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