Working Around Keystone XL, Suncor Energy Steps Up Oil Production in Canada
New York Times: Suncor Energy, Canada’s top petroleum producer, announced on Thursday that it would expand its oil production in 2014 by 10 percent in another sign that the Obama administration’s delay in approving the Keystone XL pipeline extension is not holding back growth in the western Canadian oil sands fields.
“We’re set for a strong year of continued production,” Suncor’s chief executive, Steven W. Williams, said. The company announced a capital spending program of $7.45 billion for 2014, $477 million…
Comments Off on Working Around Keystone XL, Suncor Energy Steps Up Oil Production in Canada