[ad_1]
Suncor Energy (NYSE: SU) reports Syncrude's oil sands project, disconnected from a power outage last month, will reach full production between early and mid-September, with shipments of 60% 70% capacity for August
Previous predictions anticipated a return to full production by the end of July, although a report released last Friday raised the possibility of a longer outage .
Syncrude is capable of producing 360K bbl / day of oil; SU is an operator and holds a 75% interest in the project, while Imperial Oil (NYSEMKT: IMO) holds 25%.
[ad_2]
Source link
