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Despite the price of oil hovering around $50/barrel, Suncor announced that its Fort Hills project will go ahead. Suncor will spend ~$1.6B on the project and expects to be producing by the end of 2017. Fort Hills is ~90km north … Continue reading
Rick George, long-time CEO and president of Suncor Energy retires. Steve Williams, COO, will continue that roll and step in as president.