Suncor Energy delays significant investments in bitumen supply for its Base Plant oilsands mine for over five years.
Suncor Energy plans to delay significant investments in securing additional bitumen supply for its Base Plant oilsands mine for more than five years. The company's Calgary-based mine is expected to be largely depleted by mid-2030s. Suncor is exploring options, including a proposed 225,000 barrel-per-day open-pit oilsands mine expansion, though regulatory approval is uncertain.
May 21, 2024
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